Companies Act (Cap. 386)
Companies Act (Cap. 386), article 252
252. (1) The court may, at any time after making a winding up
order, and either before or after it has ascertained the suffic iency of
the assets of the company, make calls on all or any of the
contributories for the time being appearing on the list of
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 fully fail
to pay the call.
Order of court to
be conclusive
evidence.
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