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Power of Court to restrain further proceedings in actions, &c.
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197. The Court may, at any time after the presentation of a petition for winding up a company registered in pursuance of this part of this Act, and before making an order for winding up the company, upon the application by motion of any creditor of the company, restrain further proceedings in any action, suit, or legal proceeding against any contributory of the company as well as against the company as herein-before provided, upon such terms as the Court thinks fit.
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