[1170B Meaning of “contributory”]
Companies Act 2006 | Legislation

[1170B  Meaning of “contributory”]

[(1)     In the Companies Acts “contributory” means every person liable to contribute to the assets of a company in the event of its being wound up.

(2)     For the purposes of all proceedings for determining, and all proceedings prior to the final determination of, the persons who are to be deemed contributories, the expression includes any person alleged to be a contributory.

(3)     The reference in subsection (1) to persons liable to contribute to the assets does not include a person so liable by virtue of a declaration by the court under—

(a)     section 213 of the

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