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Law library · Sierra Leone · The Companies Act, 2009

Section 428, The Companies Act, 2009

In forceThe Companies Act, 2009, Sierra Leone

(1) The liquidator or any contributory or creditor mayapply to the court to determine any question arising in the winding up of a company, or to exercise, as respects the enforcing of calls, or any other matter, all or any of the powers which the court might exercise if the company were being wound up by the court. (2) The court, if satisfied that the determination of the question or the required exercise of power will be just and beneficial, may accede wholly or partially to the application on such terms and conditions as it thinks fit, or may make such other order on the application as it thinks just. (3) A copy of an order made by virtue of this section staying the proceedings in the winding up shall be forwarded by the company or otherwise as may be prescribed, to the Commission , which shall enter it in its records relating to the company.

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