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Section 472

Avoidance of dispositions of property or certain attachment, etc.

of Companies Act 2016

ActIn forceProvision 472 of 768
Section 472

(2)

In subsection (1), “exempt disposition” means a disposition made by a liquidator, or by an interim liquidator of the company in exercise of the power conferred on him under Part I of Twelfth

Schedule or the rules that appointed him or an order of the Court.

(3)

Any attachment, sequestration, distress or execution put in force against the estate or effects of the company after the presentation of the winding up petition shall be void.