Hometime

Hometime · Alberta legislation

SS Houses with a Secondary Suite

SS · Companies Act

Part 10 — Dissolution Division 1 Cancellation of Incorporation

216 Winding-up order

Current to 2022-12-15 · Official PDF

(1) On hearing the application the Court may dismiss it with or
without costs, or adjourn the hearing conditionally or
unconditionally, or make any interim order, or any other order that
it considers just, but the Court shall not refuse to make a
winding-up order on the ground only that the assets of the company
have been mortgaged to an amount equal to or in excess of those
assets, or that the company has no assets.
RSA 2000

(2) When the application is made on the ground of default in filing
the annual report or in holding the annual meeting, the Court may,
instead of directing that the company be wound up, give directions
for the report to be filed or the meeting to be held, or make any
other order that may be just, and may order the costs to be paid by
any persons who, in the opinion of the Court, are responsible for
the default.
RSA 2000 cC-21 s216;2020 c25 s2(94)