100 Appointment of liquidator
100 Appointment of liquidator

[(1)     The company may nominate a person to be liquidator at the company meeting at which the resolution for voluntary winding up is passed.

(1A)     The company's creditors may in accordance with the rules nominate a person to be liquidator.

(1B)     The directors of the company must in accordance with the rules seek such a nomination from the company's creditors.]

(2)     The liquidator shall be the person nominated by the creditors or, where no person has been so nominated, the person (if any) nominated by the company.

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