Example sentences of "company [adj] to be [verb] " in BNC.

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1 Held , that , since in Part III of the Insolvency Act 1986 there was no definition of ‘ company ’ in relation to administrative receivers , by virtue of section 251 of that Act the definition in section 735 of the Companies Act 1985 applied and , therefore , unless the contrary intention appeared , ‘ company ’ was to be defined as a company registered under the Companies Acts ; but that a contrary intention was to be deduced from the proper construction of the provisions relating to administrative receivers generally and the Act of 1986 as a whole , whereby it appeared that Parliament intended that ‘ company , ’ in the context of section 29(2) ( a ) , should not be confined to the prima facie meaning of companies registered under the Companies Acts but should embrace unregistered companies liable to be wound up under Part V of the Act of 1986 ; and that , accordingly , the applicants were administrative receivers within the meaning of section 29(2) ( post , pp. 243F–G , 244A–C , D–G , 245F — 246A ) .
2 The relevant question is therefore : is there any indication in the subject matter and statutory purpose of the provisions concerning administrative receivers generally , or in the Act of 1986 considered as a whole , from which it appears that Parliament intended that the word ‘ company ’ in the context of section 29(2) ( a ) of that Act should not be confined to its prima facie meaning of a company formed and registered under the Companies Acts , but should also embrace unregistered companies liable to be wound up under Part V of the Act of 1986 ?
3 In my judgment , there are indications that the provisions relating to administrative receivers generally apply both to companies formed and registered under the Companies Acts and to unregistered companies liable to be wound up under Part V. The starting point is that the legislative concept of administrative receiver , and the statutory scheme of the provisions relating to his qualifications , functions , powers and duties , all rest on a contractual base , namely , a receiver appointed by or on behalf of debenture holders under a debenture secured by a floating charge .
4 Council officials revealed that the company due to be accepted had suggested using a slate similar to the recommended type but cheaper and this was accepted by the planning department , which is concerned with preserving the conservation area .
5 today this becomes the first railway shadow franchise , its operations hived off into a separate company ready to be sold .
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