Companies Act, 1862

After order for winding-up company, no legal proceedings to be taken without leave of Court.

198. Where an order has been made for winding up a company registered in pursuance of this part of the Act, in addition to the provisions herein-before contained, it is hereby further provided that no suit, action, or other legal proceeding shall be commenced or proceeded with against any contributory of the company in respect of any debt of the company, except with the leave of the Court, and subject to such terms as the Court may impose.