76 Liability of past directors and shareholders
76 Liability of past directors and shareholders

(1)     This section applies where a company is being wound up and—

(a)     it has under [Chapter 5 of Part 18 of the Companies Act 2006 (acquisition by limited company of its own shares: redemption or purchase by private company out of capital)] made a payment out of capital in respect of the redemption or purchase of any of its own shares (the payment being referred to below as “the relevant payment”), and