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Law library · Sierra Leone · The Companies Act, 2009

Section 386, The Companies Act, 2009

In forceThe Companies Act, 2009, Sierra Leone

(1) The court may order any contributory, purchaser orother person from whom money is due to the company to pay the amount into the Companies Liquidation Account to the account of the liquidator instead of to the liquidator, and the order may be enforced in the same manner as if it had directed payment to the 282 283 Settlement of lists of contributories and application of assets. Delivery of property to Payments of debts due by contributories to company and extent to which set off allawed. make calls. Payment into liquidation Account of moneys due to companies. (2) All moneys and securities paid or delivered into the Companies Liquidation Account in the event of a winding up by the court shall be subject in all respects to the orders of the court.

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