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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 234

Power of court to make calls.

234.(1) The court may, at any time after making a winding-up order, and either
before or after it has ascertained the sufficiency of the assets of
the company, make calls on all or any of the contributories for the time being
settled on the list of the contributories to the extent of their liability,
for payment of any money which the court considers necessary to satisfy the
debts and liabilities of the company, and the costs, charges and expenses of
winding up, and for the adjustment of the rights of the contributories among
themselves, and make an order for payment of any calls so made.

(2) In making a call the court may take into consideration the probability
that some of the contributories may partly or wholly fail to pay the call.


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© 1960 Crown Copyright

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