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Section 339: Liability for contravening section 337 or 338

Companies Act · PART XXVIII: OFFENCES AND PENALTIES

consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

339. Liability for contravening section 337 or 338 Any person who acts as a director of a company in breach of section 337 or in breach of an order made under section 338 shall personally be liable to— (a) a liquidator of the company for every unpaid debt incurred by the company; and (b) a creditor of the company for a debt to that creditor incurred by the company, for the period during which he acts as director.

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