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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 285



285. In every winding up (subject, in the case of insolvent companies, to the
application in accordance with the provisions of this Act of the law of
bankruptcy) all debts payable on a contingency, and all claims against
the company, present or future, certain or contingent ascertained or sounding
only in damages, shall be admissible to proof against the company, a just
estimate being made, so far as possible, of the value of such debts or claims
as may be subject to any contingency or sound only in damages, or for some
other reason do not bear a certain value.


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© 1960 Crown Copyright

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