Companies Act, 1963

Power to arrest absconding contributory.

247.—The court, at any time either before or after making a winding-up order, on proof of probable cause for believing that a contributory is about to quit the State or otherwise to abscond or to remove or conceal any of his property for the purpose of evading payment of calls or of avoiding examination about the affairs of the company, may cause the contributory to be arrested, and his books and papers and movable personal property to be seized and him and them to be detained until such time as the court may order.