Com pante. |Ch. 31. No. 1.

company at any time after the presentation of a petition
for winding up and before the making of a winding up order,
shall, in the case of an unregistered company, where the
application to stay or restrain is by a creditor, extend to
actions and proceedings against any contributory of the
company.

294. Where an order has been made for winding up an
unregistered company, no action or proceeding shall be
proceeded with or commenced against any contributory
of the company in respect of any debt of the company,
except by leave of the Court, and subject to such terms
as the Court may impose.

295. Where a company incorporated outside the Colony
which has been carrying on business in the Colony ceases to
carry on business in the Colony, it may be wound up as an
unregistered company under this Part of this Ordinance,
notwithstanding that it has been dissolved or otherwise
ceased to exist as a company under or by virtue of the laws
of the country under which it was incorporated.

296. The provisions of this Part of this Ordinance with
respect to unregistered companies shall be in addition to
and not in restriction of any provisions hereinbefore in this
Ordinance contained with respect to winding up companies
by the Court, and the Court or liquidator may exercise any
powcrs or do any act in the case of unregistered companies
which might be exercised or done by it or him in winding
up companies formed and registered under this Ordinance;
but an unregistered company shall not, except in the event
of its being wound up, be deemed to be a company under this
Ordinance, and then only to the extent provided by this
Part of this Ordinance.

PART X.

CoMPANIES INCORPORATED OUTSIDE THE COLONY CARRYING
ON BUSINESS WITHIN THE COLONY.

297. This Part of this Ordinance shall apply to all
companics incorporated outside the Colony which, after the
commencement of this Ordinance, establish a place of

505

Actions
stayed on
winding up
order.

Winding up
company
incorporated
outside

the Colony.

Provisions
of Part IX.
of Ordinance
cumulative.

Companies
which

Part K
applies.