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Suits, etc., stayed on winding up order

Suits, etc., stayed on winding up order :

Section – 587.   Where an order has been made for winding up an unregistered company, no suit or other legal proceeding shall be proceeded with or commenced against any contributory of the company in respect of any debt of the company, except by leave of the [Tribunaland except on such terms as the [Tribunalmay impose.