Security by liquidator appointed by Court.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Unless otherwise ordered, every liquidator appointed by the Court in a voluntary winding-up, other than the Official Liquidator, shall, before entering upon his duties as liquidator, furnish security....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e to the Court that the security furnished by the liquidator is inadequate, the Court may require the liquidator to furnish additional security. Where the security furnished is excessive, the liquidat....