Filling a liquidator vacancy: company may appoint at a general meeting, subject to creditor arrangements and Tribunal direction. When a liquidator's office becomes vacant by death, resignation or otherwise, the company may fill the vacancy at a general meeting, subject to any arrangement with its creditors. Any contributory or the continuing liquidator(s) may convene that meeting, which must be held according to the Act or the articles, or in such other manner as the Tribunal may determine on application by a contributory or the continuing liquidator(s).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Filling a liquidator vacancy: company may appoint at a general meeting, subject to creditor arrangements and Tribunal direction.
When a liquidator's office becomes vacant by death, resignation or otherwise, the company may fill the vacancy at a general meeting, subject to any arrangement with its creditors. Any contributory or the continuing liquidator(s) may convene that meeting, which must be held according to the Act or the articles, or in such other manner as the Tribunal may determine on application by a contributory or the continuing liquidator(s).
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