Companies Act (Cap. 386)
Companies Act (Cap. 386), article 219
219. (1) On the hearing of the winding up application, the
court may either dismiss the ap plication or make an order acced ing
thereto (hereinafter referred to as a "winding up order") and i n
either case make such other orde rs, including provisional order s,
and adjourn the hearing conditionally or otherwise as it thinks fit;
but no winding up order shall be made before the application ha s
been served on such persons as the court in the circumstances, and
upon information given by the app licant, deems it appropriate t o
call upon to make their submissions.
(2) Notwithstanding the provisions of sub-article (1), where the
Court is satisfied that the requirements of article 218(1)( a) have
been complied with, the Court shall accede to the application.
Power to stay
proceedings
against company.
Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.