268. Provision relating to tainted gifts.

If an order for the winding up of a company or limited liability partnership1 is made, or such a company or partnership passes a resolution or (as the case may be) makes a determination for its voluntary winding up2, and the company or partnership has made a tainted gift3 (whether directly or indirectly)4, no order correcting an undervalued, preferential or fraudulent transaction5 may be made in respect of the making of the gift at any time when:

  1.  

    (1)     any property of the recipient of the tainted gift is6 subject to a restraint order7