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

 
Section 226. Copy of order to be lodged, etc.
 
Section 226. Copy of order to be lodged, etc. (COMPANIES ACT 1965 (REVISED - 1973) - ACT 125) (1) Within seven days after the making of a winding up order the petitioner shall lodge with the Registrar notice of—


(a) the order and its date; and

(b) the name and address of the liquidator.

(2) On the passing and entering of the winding up order the petitioner shall within seven days—

    (a) lodge an office copy of the order with the Registrar and with the Official Receiver;

    (b) cause a copy to be served upon the secretary of the company or upon such other person or in such manner as the Court directs; and

    (c) deliver a copy to the liquidator with a statement that the requirements of this subsection have been complied with.

Actions stayed on winding up order

(3) When a winding up order has been made or a provisional liquidator has been appointed no action or proceeding shall be proceeded with or commenced against the company except—

    (a) by leave of the Court; and

    (b) in accordance with such terms as the Court imposes.

Effect of order

(4) An order for winding up a company shall operate in favour of all the creditors and contributories of the company as if made on the joint petition of a creditor and of a contributory.

(5) If default is made in complying with subsection (1) or (2) the petitioner shall be guilty of an offence against this Act.

Penalty: One thousand ringgit. Default penalty.