Subject to this Division, in the winding up of an insolvent
company the same rules are to prevail and be observed with regard to debts
provable as are in force for the time being under the Bankruptcy Act 1966 in
relation to the estates of bankrupt persons (except the rules in sections
82 to 94 (inclusive) and 96 of that Act), and all persons who in any
such case would be entitled to prove for and receive dividends out of the
property of the company may come in under the winding up and make such claims
against the company as they respectively are entitled to because of this
section.