PART 7WINDING UP BY THE COURT

CHAPTER 11Calls on contributories

Making of calls by the liquidator (sections 150 and 160)7.86

1

Subject as follows the powers relating to the making of calls on contributories are exercisable by the liquidator as an officer of the court.

2

However as provided by section 160(2) the making of a call requires either the sanction of the liquidation committee or the court’s special permission.