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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 279

Saving for rights of creditors and contributories.

279. The winding up of a company shall not bar the right of any creditor or
contributory to have it wound up by the court, but in the case of an
application by a contributory the court must be satisfied that the rights of
the contributories will be prejudiced by a voluntary winding up.

Power to order winding up subject to supervision.

© 1960 Crown Copyright

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