Companies Act, 1862

Power of Court of Session in Scotland to make rules.

171. In Scotland the Court of Session may make such rules concerning the mode of winding-up as may be necessary by act of sederunt; but, until such rules are made, the general practice of the Court of Session in suits pending in such Court shall, so far as the same is applicable, and not inconsistent with this Act, apply to all proceedings for winding up a company, and official liquidators shall in all respects be considered as possessing the same powers as any trustee on a bankrupt estate.