Companies Act (Cap. 386)
Companies Act (Cap. 386), article 326
326. (1) Part III of the Commercial Code relating to
bankruptcy shall not apply to a company.
(2) References in other laws other than Part III of the
Commercial Code to a bankrupt shall, when the context requires, be
interpreted as including references to a company being wound up in
circumstances of insolvency under the provisions of this Title, and
references to bankrupt shall be construed accordingly.
PART VI - COMPANY RECONSTRUCTIONS
Power of company
to compromise
with creditors and
members.
Amended by:
IV. 2003.122;
XI. 2017.13.
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.