Companies Act, 1973 (Act No. 61 of 1973)

Chapter XIV: Winding-up of Companies

Duties of Liquidators

399. Evidence as to contributions and contributories
Purchase cart Previous page Return to chapter overview Next page

 

 

1)A letter of demand by the liquidator to a contributory for the payment of a contribution shall be prima facie evidence that the amount thereby appearing to be due, is due.

 

2)All books and papers of the company and of the liquidator shall, as between the contributories and the company, be prima facie evidence of the truth of all matters therein recorded.