Section 379: Saving for right of creditors and contributories
The Companies Act, 2017 · Federal Acts · in_force
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379. Saving for right of creditors and contributories.—The voluntary winding up of a company shall not bar the right of any creditor or contributory to have it wound up by the 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.
Effective date: 2017-05-30
Related sections
Section 378: Costs of voluntary winding upSection 380: Power of Court to adopt proceedings of voluntary winding upSection 377: Application of liquidator to Court for public examination of promoters, directors.—216Section 381: Power to order winding up subject to supervisionSection 376: Power to apply to Court to have questions determined or powers exercisedSection 382: Effect of petition for winding up subject to supervision
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