Call on contributories requires shareholders to pay specified per share amount to the liquidation account by court ordered deadline. The Official Liquidator, pursuant to a court order, makes a call of a specified per share sum on all contributories, payable at the Official Liquidator's ... Summary
Call on contributories requires shareholders to pay specified per share amount to the liquidation account by court ordered deadline.
The Official Liquidator, pursuant to a court order, makes a call of a specified per share sum on all contributories, payable at the Official Liquidator's office or into the public account at the Reserve Bank to the credit of the company's liquidation account, on or before the stated deadline, and dated and signed by the Official Liquidator.
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