127 Avoidance of property dispositions, etc. E+W+S
In a winding up by the court, any disposition of the company’s property, and any transfer of shares, or alteration in the status of the company’s members, made after the commencement of the winding up is, unless the court otherwise orders, void.
Modifications etc. (not altering text)
C1S. 127 excluded (25.4.1991) by Companies Act 1989 (c. 40), ss. 154, 155, 164(3), 175(4), 182(4), Sch. 22 para. 11(4); S.I. 1991/878, art. 2, Sch..
S. 127 excluded (15.8.1995) by S.I. 1995/2049, reg. 21(4)-(8)
C2S. 127 restricted (25.4.1991) by Companies Act 1989 (c. 40), s. 182(4), Sch. 22 para. 7(2); S.I. 1991/878, art. 2, Sch. .
S. 127 excluded (11.12.1999) by S.I. 1999/2979, reg. 16(3)
S. 127 excluded (11.12.1999) by S.I. 1999/2979, reg. 19(3)
C3 S. 127 applied (with modifications) (S.) (6.4.2001) by S.S.I. 2001/128, reg. 4(1), Sch. 2
S. 127 modified (S.) (6.4.2001) by S.S.I. 2001/128, reg. 4(2), Sch. 3