Full legislation
s.170A
Liability of directors and shareholders involved in share redemption or buy-back out of capital
it has under
Division 4 of Part 5
of the Companies Ordinance
(
Cap. 622
) made a payment out of capital in
respect of the redemption or buy-back of any of its own shares (
payment
out of capital
) from a person (
past shareholder
);
and