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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 277

Power to apply to court to have questions determined or powers exercised.

277.(1) The liquidator or any contributory or creditor may apply to the court
to determine any question arising in the winding up of a company, or to
exercise, as respects the enforcing of calls or any other matter, all or any
of the powers which the court might exercise if the company were being wound
up by the court.

(2) The court, if satisfied that the determination of the question or the
required exercise of power will be just and beneficial, may accede wholly or
partially to the application on such terms and conditions as it thinks fit or
may make such other order on the application as it thinks just.

(3) An office copy of an order made by virtue of this section staying the
proceedings in the winding up shall forthwith be forwarded by the company, or
otherwise as may be prescribed, to the registrar of companies for
registration.

© 1960 Crown Copyright

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