BODIES CORPORATE (OFFICIAL LIQUIDATIONS) ACT - 1963 (ACT 180)

    Section - 15 - Cessation of Company's Business

    On the commencement of a winding up, the company shall cease to carry on its business, except so far as may be required for the beneficial winding up thereof, so however that the corporate state and the corporate powers of the company shall, notwithstanding anything to the contrary in its Regulations, continue until the company is dissolved.