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Power of Court to direct voluntary winding-up to continue subject to supervision of the Court.
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147. When a resolution has been passed by a company to wind up voluntarily, the Court may make an order directing that the voluntary winding-up should continue, but subject to such supervision of the Court, and with such liberty for creditors, contributories, or others, to apply to the Court, and generally upon such terms and subject to such conditions, as the Court thinks just.
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