Cap. 386 · Companies Act (Cap. 386)
Cap. 386 Art. 302Application of rules on ranking.
TITLE II - DISSOLUTION AND CONSEQUENTIAL
In the winding up of a company the assets of which are insufficient to meet the liabilities, the rights of secured and unsecured creditors and the priority and ranking of their debts shall be regulated by the law for the time being in force.
Chapter III - Effects of winding up on antecedent transactions