Section 143Part 5 — Company Restructuring and Winding Up
Preferential charge on goods distrained
←→ Navigate · Click subsection badges to collapse · Press ? for help
In the event of a landlord or other person entitled to receive rent distraining or having distrained on any goods or effects of the company within three months preceding th e date of the winding up order, the debts to which priority is given by section 141 shall be a first charge on the goods o r effects so distrained on or the proceeds of sale thereof.