contributory definition

contributory means a person liable to contribute towards the assets of the company in the event of its being wound up.
contributory means a member of the company, a partner of the limited liability partnership, and any other person liable to contribute towards the assets of the corporate debtor in the event of its liquidation;
contributory. , in relation to a company, means a person liable to contribute to the assets of the company in the event of its being wound up, and includes the holder of fully paid shares in the company and, prior to the final determination of the persons who are contributories, includes any person alleged to be a contributory;

Examples of contributory in a sentence

  • Contributory insurance also terminates on the date the required premium is not paid.


More Definitions of contributory

contributory means every person liable to contribute to the assets of a company in the event of the same being wound up, and shall also, in all proceedings for determining the persons who are to be deemed contributories and in all proceedings prior to the final determination of such persons, include any person alleged to be a contributory.
contributory means a person liable to contribute to the assets of a company pursuant to Article 192;
contributory means a person who is liable to contribute to the property of a corporation in the event of the corporation being wound up under this Act. R.S.O. 1990, c. B.16, s. 191.
contributory means a person who is liable to contribute to the property of a corporation in the event of the corporation being wound up under this Part. R.S.O. 1990, c. C.38, s. 228.
contributory means a person who is a contributory in respect of the Company for the purposes of section 79 of the Insolvency Act;
contributory means a person liable to contribute to the assets of a company in the event of its being wound up, and includes the holder of fully paid shares in the company;
contributory means a person who is liable to contribute to the property of a corporation in the event of the corporation being wound up under this Act. 2010, c. 15, s. 121.