287. Power to arrest absconding contributory, director or former director Flashcards

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1
Q
  1. Power to arrest absconding contributory, director or former director
A

General overview
[287.01] Section 287 gives teeth to the court to issue a warrant of arrest and seizure against any contributory, director or former director of the company who is about to abscond and evade liability for paying calls, or avoid the examination into the affairs of the company.

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