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Power of liquidator to accept shares, etc., as consideration for sale of property of company

(1) Where- (a) a company (in this section called the transferor company) is proposed to be, or is in the course of being, wound up altogether voluntarily; and (b) the whole or a part of its business or property is proposed to be transferred or sold to another body corporate, whether a company within the meaning of this Ordinance or n...


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