I move amendment No. 98 :
In subsection (1), line 16, after the words " within 2 years of the date of the dissolution " to insert " or where fraud is proved, at any time within 6 years of the date of dissolution."
The reason I suggest this is to give power to the court to declare the dissolution of a company void where fraud is in fact proved. As it stands at the moment, after the expiration of two years, the court would have power to declare the dissolution of a company void. The case can be made to extend the power to six years where a person comes to ask the court to exercise the powers given it by this section. The two year period might be too short and I accordingly suggest that the time might be extended to six years.
