← belizelaw.ai · Companies, Cap. 250 · PART IV — Winding-Up of Companies

Power to arrest absconding contributory

Cap. 250, s. 172 · Revised Edition 2020

The court, at any time, either before or after making a winding-up order, on proof of probable cause for believing that a contributory is about to quit Belize, or otherwise to abscond, or to remove or conceal any of his property for the purpose of evading payment of calls, or of avoiding examination respecting the affairs of the company, may cause the contributory to be arrested, and his books and papers and moveable personal property to be seized, and him and them to be safely kept until such time as the court may order.
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