All sections · Part XVII: Striking Off, Winding Up And Dissolution · Sub-Part IV: Compulsory Winding Up by Court
313 Power to restrain proceedings and appoint provisional liquidator
On the making of an application for the compulsory winding up of a company
or at any time thereafter, any creditor of the company may apply to the Court
for an order —
(a) restraining, on such terms and conditions as the Court thinks fit, any
action or proceeding pending against the company;
(b) appointing a provisional liquidator to ascertain the company‘s assets and
liabilities, manage its affairs and do all acts authorised by the Court.
or at any time thereafter, any creditor of the company may apply to the Court
for an order —
(a) restraining, on such terms and conditions as the Court thinks fit, any
action or proceeding pending against the company;
(b) appointing a provisional liquidator to ascertain the company‘s assets and
liabilities, manage its affairs and do all acts authorised by the Court.
