Companies Act (Cap. 386)

Companies Act (Cap. 386), article 249

Official PDF on legislation.mt

249. As soon as may be after making a winding up order, the court shall draw up a list of contributories and shall have the power to rectify the register of member s, if required, and shall caus e the assets of the company to be collected, and applied in the disch arge of the company’s liabilities in a ccordance with the provisions of 166 CAP. 386.] COMP ANIES article 302: Provided that, where it appears to the court that it will not be necessary to make calls on or adjust the rights of contribut ories, the court may dispense with the drawing up of a list of contributories. Delivery of property to liquidator.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.