Companies Act 2014 section 606

Restriction of rights of creditor as to execution or attachment in case of company being wound up

Section 606 restricts the rights of a creditor who has taken enforcement action (such as execution against assets or attachment of debts) against a company that is subsequently wound up, ensuring that unsecured creditors are treated equally in liquidation.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.