Section 328: Power to arrest absconding contributory
The Companies Act, 2017 · Federal Acts · in_force
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328. Power to arrest absconding contributory.—The Court, at any time either before or after making a winding up order, on proof of probable cause for believing that a contributory is about to quit Pakistan or otherwise to abscond, or to remove or conceal any of his property, for the purpose of evading payment of calls or of avoiding examination respecting the affairs of the company, may cause the contributory to be arrested and his books and papers and movable property to be seized, and kept safely until such time as the Court may order.
Effective date: 2017-05-30
Related sections
Section 327: Power to order public examination of promoters, directorsSection 329: Power to order payment of debts by contributorySection 326: Power to summon persons suspected of having property of companySection 330: Power of Court to make callsSection 325: Power to require delivery of propertySection 331: Power to order payment into bank
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