BANKER OF THE COMPANY--

power to require delivery of property by, 125.
not an officer of the Company, 167.

BANKING COMPANIES-

registration of, 3.

the section as to, omitted from this Act, 179.

registering with limited liability, to give notice to customers, 181.
limited, statement to be published by, 65.

partnerships of more than ten persons, to be registered, 3.
BANKRUPTCY--

discharge does not release from claim for misfeasance under sec.
214, 169.

of members, transmission of shares after, 206, 208.

and See INSOLVENCY.

BEARER-

share warrant to, 24.

of share warrant may

See SHARE WARRANT.

be 66
а member" if regulations so provide, 24.

BENEFIT BUILDING SOCIETY—

borrowing by, 64.

BENEFIT SOCIETY--

statement to be published by, 65.

BILLS OF EXCHANGE-

power of Company to issue or accept,

power of Company to raise money by drawing, &c., 63.

acceptance of, on behalf of Company, 66, 67.

acceptance of, director's liability for unauthorized, 68.

sanction of Court to endorsement of, by official liquidator, 283.

invalid acceptance of, proof for money advanced, 223, 224, 272.
personal liability of directors upon, 224.

powers of official liquidator to draw, &c., 121.

BOOKS OF COMPANY-continued.

disposal of, after Company wound-up, 155.
inspection of, 75, 76, 236.

inspection of, in winding-up, 156.

official liquidator to complete, 257.

of transfers, closing of, 48.

to be evidence, 81.

BORROWING-

distinction between loan to and debts contracted by a Company, 64.
powers, 63, 64.

general principles, 64.

equitable principles, 64.

in excess of limited power, 64.

whether Company can be charged with, when ultra vires, 64.
on debentures, 63, 64.

building society's power of, 64.

by directors, 224.

BRITISH INDIA-

defined, 1.

part of, where registered office is, to be stated in memo. of
association, 7, 8, 9.

BUSINESS-

not commenced within a year, ground for winding up order, 98.
suspension of, for a year, ground for winding-up order, 98.

power of liquidators to sell, 120.

carrying on, in winding-up, 120, 122.

CALLS ON SHARES-

making of, 202.

authority to make, 202.

date of, when deemed to have been made, 203.

action for, period of limitation to, 203.

annual summary to show amount of, 42.

when deemed to have been made, 203.

difference between shareholders, in amounts and times of payment
of calls, 20.

payment of-

power to receive in advance, 203.
interest upon, when in arrear, 203.

vote, when in arrear, 219.

owing on forfeited shares, 210.

may be unequal, 20.

member indebted for, not authorized to present petition for winding-
up, 104.

before winding-up, are debts, 55.

in winding-up-

power of Court to make, 127.

Court may consider probability of some contributories not pay-
ing, 127.

liquidators can make, 142.

not debts due to the Company, but contributions, 56, 126,

who are liable to, 53, 54.

power to order contributories in Scotland to pay, 202.
enforcement of, in winding-up under supervision, 152.
rules as to, 276, 277, 279.

set-off against, 126.

and see FORMS.

See SET-OFF.

in voluntary winding-up, 142.

proof for calls in bankruptcy of shareholder, 95.

amount of, to be stated in memo. of association of Company limited
by shares, 7.

amount of, to be stated in articles of association of Company limited
by guarantee or unlimited, having capital divided into shares, 27.
meaning of the word, 12.

alteration of articles with respect to, 10.

distribution of, 32.

division of by sub-division of shares, 18.

consolidation and re-division of, 10.

consolidation and re-division of, notice to be given, 44.

conversion of, into stock, notice to be given, 44.

includes paid-up capital, 12.

increase of, under modified memorandum, 10.

notice of, 48.

regulations as to, 212, 213.

superfluous, may be re-paid, 12.

injunction against payment of interest out of, 234.

lost, power to write off, 12.

lost, whether must be made good, before paying dividends, 234.
"not called up," meaning of, 63.

payment of dividends out of, 167.
petition to reduce. See PETITION.
reduction of. See REDUCTION.

what it includes under sec. 13, 12.

how effected, 13.

by cancellation of unissued shares, 18.

right of creditors to object to, 14.

court may require reasons to be published, 14.

of Company limited by guarantee, effect of winding-up upon, 116,

143.

and shares, form of summary of, 258, 259.

CASH-

payment for shares in, unless otherwise determined by contract
duly filed, 21.

what amounts to a payment in, 22.

CASUAL VACANCY-

(sec 81, 82), 230, 231.

among auditors, 238.

CERTIFICATE-

of Court-

of incorporation or registration-
when granted, 30.

of existing Companies, 183.

is conclusive evidence of due registration. 30.

whether conclusive that Company is one capable of being regis-
fered, 31.

of existing Company to be evidence of compliance with Act, 183.
after a change of name, 26.

B

CERTIFICATE-continued.

after a change of name, necessary, 26.

with limited liability, inoperative as against customers of
banking company who have not had notice, 181, 182.

of shares-

member entitled to, 201.

renewal of, 201.

effect of, as against Company, 46.

demand of, before registration of transfer, is in director's discre-

tion, 34.

CESTUI QUE TRUST OF SHARES-

non-liability of, 192.

CHAIRMAN-

at general meeting, 73, 217, 251.

authority of, 218.

casting vote of, 218.

declaration of, that resolution carried conclusive, 143.

minutes signed by, to be evidence, 81, 82.

of directors,

casting vote of, 232.

of committee of directors, 233.

casting vote of, 233.

of meeting to ascertain wishes of creditors, &c. 116, 151, 282.
CHANGE OF COMPANY'S-

name, 26.

by adding "limited," 182.

office, to be given to Registrar, 58.

CHARGE-

meaning of word, 63.

power of Companies' to effect, 62. See MORTGAGE,

CHARGING ORDER-

on trustee's shares, 45.

CHARITY-

limited Company formed for purpose of, may
"limited," 19.

CIVIL PROCEDURE CODE-

See pp. 329-365.

applicable to arbitrations under sec. 96 et seqq 91.
and under sec. 207 et seqq 146.

CLAIMS-

in winding-up, see rules 19-26. pp. 268 274.

and see Proof. See CONTINGENT CLAIM.

COGNIZANCE--

of offences, 197,

COMMENCEMENT-

of Act 1.

of winding-up by Court, 106.

of voluntary winding-up. 112, 139.

omit word

followed by compulsory winding-up, 139.

of winding-up under supervision, 139.

COMMENCEMENT-continued.

of winding-up-

distress or execution after, 108, 109, 110.
injunction to restrain action or suit after, 106.

where voluntary winding-up followed by compulsory, 55.
of rules, under Act X. of 1866, 292.

COMMISSIONERS-

for receiving evidence, 137.

"COMMITTEE".

of one director can approve transfer, 34, 205, 233.

COMMITTEES-

of directors, 232.

delegation of powers to, 232.

COMPANIES

mode of forming, 5.

constitution and incorporation of, 5.

must consist of not less than seven members, 5.

what must be registered as, 3.

banking. See BANKING COMPANY,

foreign. See FOREIGN COMPANY.

formed not for profit, special provisions as to, 19, 20.

illegal, for want of registration, cannot be wound-up, 191.

cannot purchase their own shares, 195.

name of, change of, 26.

name of, right to sue in, 26,

name of, change of by adding "limited," 182.

what may be wound-up voluntarily, 139.

dissolution of. See DISSOLUTION.

after voluntary winding-up, 186.

incorporated by Act of Parliament, winding-up, of, 188.

joint stock, definition of, 179..

registered under, sec. 8, must devote its capital to objects stated in
memo. of association, 7.

required to register, and not registered, illegal, 3.
unincorporated. See UNINCORPORATED COMPANY.
unregistered, 188. See UNREGISTERED COMPANY.
existing at commencement of Act, 177.

registration of, 177.

effect of, 185.

not to affect obligations of Company, 184.
how far bound by acts of directors, 223, 224.

COMPANIES' ACT-

Indian, VI. of 1882.

application of—

to Companies' formed under the Joint Stock Companies' Act
XIX. of 1857 and VII. of 1860, 3, 175.

to Companies registered but not formed under the Joint Stock
Companies' Act, 4, 176.

to unregistered Companies, 4, 188.

and See APPENDIX I.

COMPANIES' CLAUSES ACT-

provisions of, as to arbitrations, 163, 164.
COMPROMISE-

cancellation of shares in pursuance of, 210.
going Company has general power of, 158.
with contributories in winding-up. 157, 288.
sanction of Court to, 157.

liability as contributory after, 55.