5.6.63
CurrentDividend payable only on admission of a debt or claim
Chapter 5External administration
Part 5.6Winding up generally
5.6.63 Dividend payable only on admission of a debt or claim
A dividend in the winding up of the affairs of a company may be paid only to a creditor whose debt or claim has been admitted by the liquidator at the date of the distribution of dividends.
This Act’s bill:Explanatory statement
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