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in trustees upon such trusts

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12:15 Oct 23, 2006
This question was closed without grading. Reason: Answer found elsewhere

English to French translations [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: in trustees upon such trusts
WINDING-UP 73. Winding-up/Distribution by Liquidator If the Company shall be wound up, the liquidator may, with the sanction of a resolution of the Members, divide amongst the Members in specie or in kind the whole or any part of the assets of the Company (whether they shall consist of property of the same kind or not) and may, for such purpose, set such value as he or she deems fair upon any property to be divided as aforesaid and may determine how such division shall be carried out as between the Members or different classes of Members. The liquidator may, with the like sanction, vest the whole or any part of such assets in trustees upon such trusts for the benefit of the Members as the liquidator shall think fit
legiscriba
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