A And B Lists - Definition - Law Dictionary Home Dictionary Definition a-and-b-lists

Definition :

A and B lists. Two Lists of contributories are prepared by the liquidator in case a company is wound up. List A is prepared to include share-holders at the time of winding up order, who are primarily liable to contribute. List B is prepared to include the shareholders who are ceased to be but had been shareholders in preceding twelve months. Their liability to contribute is secondary