Commentary

202 Power to fill vacancy in office of liquidator

BANKRUPTCY AND INSOLVENCY (CORPORATE INSOLVENCY) vol 3(3)
| Commentary

202 Power to fill vacancy in office of liquidator

| Commentary

202 Power to fill vacancy in office of liquidator

If a vacancy occurs by death, resignation or otherwise in the office of liquidator appointed by the company in a members’ voluntary winding up, the company in general meeting may, subject to any arrangement with its creditors, fill the vacancy1. For that purpose, a general meeting may be convened by any contributory or, if there were more liquidators than one, by the continuing liquidator or liquidators2.

The meeting must be held in the manner provided by ‘this Act’ or by the articles, or in such manner as may, on application by any

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