s 133 Effect of winding up order
133.—(1) When a winding up order has been made or a provisional liquidator has been appointed, no action or proceeding may be proceeded with or commenced against the company except —(a)
by the permission of the Court; and[Act 25 of 2021 wef 01/04/2022]
(b)
in accordance with such terms as the Court may impose.
(2) Subject to section 198, an order for winding up a company operates in favour of all the creditors and contributories of the company as if made on the joint application of a creditor and of a contributory.
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