ACT 125
COMPANIES ACT 1965 (REVISED - 1973)
PART X - WINDING UP
DIVISION 2 - WINDING UP BY THE COURT
Subdivision (1) - General

 
Section 222. Power to stay or restrain proceedings against company.
 
Section 222. Power to stay or restrain proceedings against company. (COMPANIES ACT 1965 (REVISED - 1973) - ACT 125) At any time after the presentation of a winding up petition and before a winding up order has been made, the company or any creditor or contributory may, where any action or proceeding against the company is pending, apply to the Court to stay or restrain further proceedings in the action or proceeding, and the Court may stay or restrain the proceedings accordingly on such terms as it thinks fit.