← belizelaw.ai · Companies, Cap. 250 · PART VII — Companies Authorised to Register under this Act

Power of court to stay or restrain proceedings

Cap. 250, s. 241 · Revised Edition 2020

The provisions of this Act with respect to staying and restraining actions and proceedings against a company at any time after the presentation of a petition for winding-up and before the making of a winding-up order shall, in the case of a company registered in pursuance of this Part, where the application to stay or restrain is by a creditor, extend to actions and proceedings against any contributory of the company.
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