Section 487 of Insolvency Act CAP 53: Certain documents relating to company in liquidation to be exempt from stamp duty
(1) If a company is in liquidation, the following documents are exempt from stamp duty—
(a) every transfer relating solely to freehold or leasehold property, or to any interest in, any real or movable property, that forms part of the company's assets and that, after the execution of the transfer, either at law of in equity, is or remains part of those assets; and
(b) every writ, order or other document relating solely to— (i) property of the company referred to in paragraph (a); or (ii) any legal proceeding arising under the liquidation.
(2) Subsection (1) does not apply if the liquidation is a members' voluntary liquidation.
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(1) The Court may—
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(2) As soon...
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(2) On being satisfied—
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(1) This section applies to a notice that is—
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(2) As...
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(b) that has passed a resolution for the voluntary liquidation of the...
- Section 499 - Offence involving misconduct committed in course of liquidation of company
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(2) An officer or former officer of the company commits an offence if—
(a) the officer or former...
- Section 504 - Power of the Court to make orders against delinquent directors, liquidators, etc.
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(a) an officer or former officer of a company that is in liquidation (whether by the Court or voluntarily);
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(b) a company "enters administration" when...
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(2) Subsection (1) is subject to sections 606 to 613 and...
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(2) Subsection (1)(a) is...
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(a) that the company is or is likely to become unable to pay its debts; and
(b) that the administration order...
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(a) the company;
(b) the directors of the company;
(c) one or more...
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(a) make the administration order sought;
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(c) adjourn the hearing...
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(2) For the purposes of subsection (1), a floating charge is a...
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A person may not be appointed as administrator under section 534 if the floating charge on which the appointment depends is unenforceable.
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(1) A person who appoints an administrator of a company under section 534 shall lodge with the Court
—
(a) a notice of appointment that complies with subsections (2); and
(b) such other documents...