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Section 145: Property and proceedings(cid:3)

Insolvency Act · PART III: WINDING UP AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

145. Property and proceedings(cid:3) (1) Any attachment, sequestration, distress or execution put in force against the assets of a company after the commencement of a creditors’ winding up shall be void.(cid:3) (2) No action or proceeding shall, after the commencement of a winding up, be proceeded with or commenced against the company except by leave of the Court and subject to such terms as the Court thinks appropriate.(cid:3)

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