334. Restriction of rights of creditor as to execution or attachment Flashcards
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- Restriction of rights of creditor as to execution or attachment
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General overview
[334.01] This section provides that where a creditor has issued execution against the goods or land of a company or has attached any debt due to the company which is subsequently wound up, the creditor shall not retain the benefit of the execution against the liquidator unless the execution was completed before the date of the commencement of the winding up.
