Liquidator insolvency vacates office, triggering deemed removal under the Companies Act and associated Rules provisions. A liquidator who is the subject of an order of adjudication for insolvency vacates his office; for the purposes of the Act and the Rules he is deemed to ... Summary
Liquidator insolvency vacates office, triggering deemed removal under the Companies Act and associated Rules provisions.
A liquidator who is the subject of an order of adjudication for insolvency vacates his office; for the purposes of the Act and the Rules he is deemed to have been removed, so the adjudication automatically effects termination of his office and creates a vacancy.
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