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Contributory in United Kingdom

Definition of Contributory

In accordance with the work A Dictionary of Law, this is a description of Contributory :

Any of the past or present members of a company, who are potentially liable to contribute to the company’s assets in the event of a *winding-up. The maximum liability is limited, in a company limited by shares (See limited company), to the amount unpaid on shares (See call). A past member remains liable for this amount if *winding-up follows within one year.

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(2015, 01). Contributory lawi.org.uk Retrieved 07, 2021, from https://lawi.org.uk/contributory/

01 2015. 07 2021 <https://lawi.org.uk/contributory/>

"Contributory" lawi.org.uk. lawi.org.uk, 01 2015. Web. 07 2021. <https://lawi.org.uk/contributory/>

"Contributory" lawi.org.uk. 01, 2015. Accesed 07 2021. https://lawi.org.uk/contributory/

Agostino Von Hassell, 'Contributory' (lawi.org.uk 2015) <https://lawi.org.uk/contributory/> accesed 2021 July 26

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Schema Summary

  • Article Name: Contributory
  • Author: Agostino Von Hassell
  • Description: Definition of Contributory In accordance with the work A Dictionary of Law, this is a description of Contributory : Any of [...]

This entry was last updated: January 7, 2015

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