supervision of the Court (sections 221 to 226 ). We are concerned in this case only with voluntary winding up. Sections 203 to 207 contain provisions regarding all cases of voluntary winding up. Section 203 enumerates the circumstances in which a company may be wound up voluntarily by passing any of the resolutions mentioned in clauses (1) to (3) thereof. Section 204 provides that a voluntary winding up shall be deemed to commence at the time of the passing of a resolution for voluntary winding up underany of the clauses of section 203. Section 205 lays down that when a company is wound up voluntarily, it shall, from the commencement of the winding up, cease to carry on its business, except so far as may be required for the beneficial winding up thereof, but that the corporate state and corporate powers of the company shall, not withstanding anything to the contrary in its articles, continue until it is dissolved. Section 206 prescribes that notice of any special or extraordinary resolution for winding up a company voluntarily shall be given within ten days of the passing of the same by advertisement in the official Gazette and in some newspaper. Section 207 provides that the direc

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