Companies Act 2014 section 565

Powers of court cumulative

Section 565 confirms that the powers granted to the court under the Companies Act 2014 are cumulative and do not replace or limit any pre-existing powers the court already holds.

• Powers conferred on the court by the Act are additional to any existing court powers
• The Act does not restrict or diminish any powers the court already possesses
• The court retains its existing ability to institute proceedings against contributories, debtors, or their estates
• Recovery actions for calls or other sums owed to the company remain fully available under both existing and new powers