Example sentences of "up order " in BNC.
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1 | Speaking at the House of Commons ' debate on the Bingham Report , Mr Nelson told MPs that , of this sum , £28m had been incurred by Touche Ross as provisional liquidator prior to the winding up order of 14 January 1992 . |
2 | However , the plaintiffs had also asked for a winding up order under s 122(1) ( g ) of the Insolvency Act 1986 . |
3 | If the court accepts the creditors ' petition and grants a winding up order the company will come under the control of the Official Receiver ( a civil servant from the Department of Trade and Industry known as the OR ) . |
4 | The consequences of a winding up order . |
5 | Where a winding up order is granted the following are the consequences of granting the order : |
6 | A copy of the winding up order must be sent to the Registrar of Companies immediately , and he or she is required to publish it . |
7 | By s. 136 of the Insolvency Act 1986 the official receiver automatically becomes the liquidator of the company upon the granting of the winding up order . |
8 | This still exists in a limited form in relation both to companies and to individuals , in that where a person is adjudged bankrupt or a company is wound up by the court , dispositions of property made by the debtor or the company after a prescribed date , usually the date of the presentation of the petition for a bankruptcy order or a winding up order , are void unless the court otherwise orders : sections 127 and 284 . |
9 | By section 59(1) ( a ) of the Act of 1987 the event upon which a bank was deemed to have become insolvent for the purpose of compensation becoming payable was the making of the winding up order rather than the presentation of the petition . |
10 | So the loophole , if such it was , was closed although subsequently some months elapsed before a winding up order was eventually made on 14 January 1992 . |
11 | Under section 59(1) ( a ) the relevant event in the case of a winding up by the court is the making of the winding up order , not the presentation of the winding up petition . |
12 | The events of crystallisation , on which there is general agreement , are ( i ) the making of a winding up order , ( ii ) the appointment of an administrative receiver , ( iii ) the company 's ceasing to carry on business , ( iv ) the taking of possession by the debentureholder and ( v ) the happening of an event expressly provided for in the debenture , often referred to as ‘ automatic crystallisation . ’ |
13 | On Jan. 14 the High Court in London issued a winding up order against BCCI operations in the UK . |
14 | On the same day a winding up order was issued in the Cayman Islands against BCCI ( Overseas ) , which controlled the bank 's operations in the western hemisphere . |
15 | ( i ) if either party shall pass a resolution for winding up or the court shall make an order that either party shall be wound up ( in either case other than for the purpose of reconstruction ) or if a receiver or manager on behalf of a creditor be appointed , or if circumstances shall arise which would entitle a court or a creditor to appoint a receiver or manager or which would entitle a court to make a winding up order ; or |