Chairmanship of liquidation meetings requires the liquidator or a nominated person to preside; others appoint chair by resolution. Rule 204 prescribes that where a meeting is summoned by the liquidator the liquidator, or a person nominated by him in Form No. 94, shall be Chairman; at ... Summary
Chairmanship of liquidation meetings requires the liquidator or a nominated person to preside; others appoint chair by resolution.
Rule 204 prescribes that where a meeting is summoned by the liquidator the liquidator, or a person nominated by him in Form No. 94, shall be Chairman; at all other non Court meetings of creditors or contributories the Chairman shall be appointed by resolution; the Rule excludes meetings governed by the separate statutory exception identified in the rule.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.