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Law library · Sierra Leone · The Companies Act, 2009

Section 423, The Companies Act, 2009

In forceThe Companies Act, 2009, Sierra Leone

Subject to this Act as to preferential payments, the propertyof a company shall, on its winding up, be applied in satisfaction of its liabilities pari passu, and, subject to such application, shall, unless the articles otherwise.provide, be distributed among the members according to their rights and interests in the company.

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