Provisional liquidator appointment may be ordered on petition admission where affidavit shows sufficient grounds, subject to court terms. After admission of a winding-up petition, the Court may appoint the Official Liquidator as Provisional Liquidator on application by a creditor, contributory or the company upon affidavit proof of sufficient grounds; the Court may impose terms, require notice to the company unless dispensed for recorded special reasons, and the order must specify any restrictions on the Provisional Liquidator's powers and follow the prescribed form with necessary variations.
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Provisions expressly mentioned in the judgment/order text.
Provisional liquidator appointment may be ordered on petition admission where affidavit shows sufficient grounds, subject to court terms.
After admission of a winding-up petition, the Court may appoint the Official Liquidator as Provisional Liquidator on application by a creditor, contributory or the company upon affidavit proof of sufficient grounds; the Court may impose terms, require notice to the company unless dispensed for recorded special reasons, and the order must specify any restrictions on the Provisional Liquidator's powers and follow the prescribed form with necessary variations.
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