s.138Getting in the company ’ s property
138
Section 138Part 5Company Restructuring and Winding Up

Getting in the company ’ s property

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Where any person has in that person’s possession any property or documents to which the company appears to be entitled, the Court may require that person to pay, transfer or deliver such prope rty or documents to the official liquidator.
Where the official liquidator seizes or disposes of any property which that person reasonably believed belonged to the company, that person shall not be personally liable for any loss or damage caused to its true owner except in so far as such loss or damage is caused by that person’s own negligence.