Companies Act (Cap. 386)
Companies Act (Cap. 386), article 294
294. The voluntary winding up of a company shall not bar the
right of any creditor or contributory to have it wound up by th e
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, and the provisions of article
223(2) shall apply.
SUB-TITLE III - PROVISIO NS APPLICABLE TO EVERY
MODE OF WINDING UP
Chapter I - Effect of appointment of liquidator and convening
COMP ANIES [CAP. 386. 181
of meetings
Powers of directors
and company
secretary to cease.
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.