Section 430: Power to stay or restrain proceedings
The Companies Act, 2017 · Federal Acts · in_force
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430. Power to stay or restrain proceedings.—The provisions of this Act with respect to staying and restraining suits and legal proceedings against a company at any time after the presentation of a petition for winding up and before the making of a winding up order shall, in the case of an unregistered company where the application to stay or restrain is by a creditor; extend to suits and legal proceedings against any contributory of the company.
Effective date: 2017-05-30
Related sections
Section 429: Contributories in winding up of unregistered companiesSection 431: Suits stayed on winding up orderSection 428: Winding up of unregistered companiesSection 432: Directions as to property in certain casesSection 427: Meaning of "unregistered company"Section 433: Provisions of this part cumulative
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