Power of Tribunal to assess damages against delinquent directors, etc.

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Full Text of the Document

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.... of the company, or any person, who is or has been a director, manager, Company Liquidator or officer of the company- (a) has misapplied, or retained, or become liable or accountable for, any money or property of the company; or (b) has been guilty of any misfeasance or breach of trust in relation to the company, the Tribunal may, on the application of the Official Liquidator,....