Any transfer or assignment by a company of all its properties or assets to trustees for the benefit of all its creditors shall be void.
CHAPTER XX WINDING UP · PART III.—Provisions applicable to every mode of winding up
CHAPTER XX WINDING UP · PART III.—Provisions applicable to every mode of winding up
Any transfer or assignment by a company of all its properties or assets to trustees for the benefit of all its creditors shall be void.