Tribunal power to call contributions: require contributories to pay sums to satisfy company debts and winding up costs. The Tribunal may, after a winding up order and whether or not asset sufficiency has been ascertained, make calls on any or all contributories to the extent of their liability to satisfy the company's debts, liabilities and winding up costs, and may order payment of any such calls to adjust contributories' rights.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tribunal power to call contributions: require contributories to pay sums to satisfy company debts and winding up costs.
The Tribunal may, after a winding up order and whether or not asset sufficiency has been ascertained, make calls on any or all contributories to the extent of their liability to satisfy the company's debts, liabilities and winding up costs, and may order payment of any such calls to adjust contributories' rights.
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