Hometime

Hometime · Alberta legislation

MHHS Minimum Housing and Health Standards

MHHS · Companies Act

Part 10 — Dissolution Division 1 Cancellation of Incorporation

229 Calls

Current to 2022-12-15 · Official PDF

(1) The Court may, at any time after making a winding-up
order, and either before or after it has ascertained the sufficiency of
the assets of the company, make calls on and order payment thereof
by all or any of the contributories for the time being settled on the
list of the contributories to the extent of their liability, for payment
of any money that the Court considers necessary to satisfy the debts
and liabilities of the company, and the costs, charges, and expenses
of the winding-up, and for the adjustment of the rights of the
contributories among themselves.
(2) In making a call the Court may take into consideration the
probability that some of the contributories may partly or wholly fail
to pay the call.
RSA 1980 cC-20 s229
RSA 2000