Companies Act (Cap. 386)

Companies Act (Cap. 386), article 302

Official PDF on legislation.mt

302. In the winding up of a company the assets of which are insufficient to meet the liabilities, the rights of secured and unsecured creditors and the priority and ranking of their debts shall be regulated by the law for the time being in force. Chapter III - Effects of winding up on antecedent transactions Fraudulent preference. Substituted by: IV. 2003.118.

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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.