https://www.taxtmi.com/acts?id=12819 Directors and managers with unlimited liability must, in a limited company's winding up, make a further contribution as if they were members of an unlimited company, in addition to any ordinary member liability; past office-holders who left at least one year before winding up, and those for debts contracted after cessation, are exempt, and payment is required only if the Tribunal deems it necessary to satisfy the company's debts, liabilities and winding-up costs. en-us Tue, 17 May 2011 12:55:09 +0530 Tue, 17 May 2011 12:55:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12819 Directors and managers with unlimited liability must, in a limited company's winding up, make a further contribution as if they were members of an unlimited company, in addition to any ordinary member liability; past office-holders who left at least one year before winding up, and those for debts contracted after cessation, are exempt, and payment is required only if the Tribunal deems it necessary to satisfy the company's debts, liabilities and winding-up costs. Act-Rules Companies Law Tue, 17 May 2011 12:55:09 +0530 https://www.taxtmi.com/acts?id=12819