s.134How dividend recoverable if not paid
134
Section 134Part 19Distribution of Assets and Dividends

How dividend recoverable if not paid

←→ Navigate  ·  Click subsection badges to collapse  ·  Press ? for help

No action shall lie for a dividend, but if the Trustee having control of any dividend refuses to pay the same the Court may, if it thinks fit, order the Trustee to pay the same, and also to pay out of the Trustee’s own moneys interest thereon for the time that it is withheld, and the cost of the application.