Section 139Part 5 — Company Restructuring and Winding Up
Provable debts
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All debts payable on a contingency and all claims against the company whether present or future, certain or contingent, ascertained or sounding only in damages, shall be admissible to proof against the company and the official liquidator shall make a just estimate so far as is possible of the value of all such debts or claims as may be subject to any contingency or sound only in damages or which for some other reason do not bear a certain value.
Foreign taxes, fines and penalties shall be admissible to proof against the company only if and to the extent that a jud gment in respect of the same would be enforceable against the company pursuant to the Foreign Judgments Reciprocal Enforcement Act ( 1996 Revision ) or any laws permitting the enforcement of foreign taxes, fines and penalties.