Courts of Justice Act, 1936

Cesser of jurisdiction of the Circuit Court in winding-up of companies.

18.—(1) The jurisdiction in the winding-up of companies which, immediately before the passing of this Act, was exercisable by the Circuit Court shall, on the passing of this Act, cease to be exercisable by that Court.

(2) Every proceeding for the winding-up of a company which was commenced in the Circuit Court before and is pending in that Court at the passing of this Act may be proceeded with and completed as if this section had not been enacted.