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Companies Act 1985
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Changes over time for: Paragraph 4
Version Superseded: 01/10/2009
Alternative versions:
- 01/02/1991- Amendment
- 19/06/1996
Point in time - Stop date 01/10/2009- Amendment
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Point in time view as at 19/06/1996. This version of this provision has been superseded.
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4(1)All actions and other legal proceedings which at the time of the company’s registration are pending by or against the company, or the public officer or any member of it, may be continued in the same manner as if the registration had not taken place.
(2)However, execution shall not issue against the effects of any individual member of the company on any judgment, decree or order obtained in such an action or proceeding; but in the event of the company’s property and effects being insufficient to satisfy the judgment, decree or order, an order may be obtained for winding up the company.
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