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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 235

Payment into bank of moneys due to company.

235.(1) The court may order any contributory, purchaser or other person from
whom money is due to the company to pay the amount due into such bank as
the court may appoint for the purpose to the account of the liquidator instead
of to the liquidator, and any such order may be enforced in the same manner as
if it had directed payment to the liquidator.

(2) All moneys and securities paid or delivered into any such bank as
aforesaid in the event of a winding up by the court shall be subject in all
respects to the orders of the court.

© 1960 Crown Copyright

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