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of <h1>When directors of limited companies face unlimited liability contributions on winding up under the Companies Act</h1> Directors or managers of a limited company whose liability is made unlimited under the Companies Act must, on winding up, contribute further as if they were members of an unlimited company at the commencement of the winding up, in addition to any contribution owed as ordinary members. However, they are not liable for such further contribution if they ceased to hold office at least one year before the winding up, nor for debts incurred after they left office. Further contribution is only required, subject to the company's articles, if the Tribunal considers it necessary to satisfy the company's debts, liabilities, and winding-up expenses.
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