Law library · Sierra Leone · The Companies Act, 2009
Section 347, The Companies Act, 2009
In forceThe Companies Act, 2009, Sierra Leone
(1) If a contributory dies either before or after he hasbeen placed on the list of contributories, his personal representatives
shall be liable in due course of administration to contribute to the
assets of the company in discharge of his liability and shall be
contributories accordingly.
(2) If the personal representatives default in paying any
money ordered to be paid by them, proceedings may be taken for
administering the estate of the deceased contributory, and for
compelling payment from the estate of the money due.
(3) Where the personal representatives are placed on the
list of contributories, the heirs or assigns need not be added; but
they may be added as and when the court thinks fit.
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