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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 6 July 2022 - onwards
  Version 3 of 3    

638. Appointment and removal by the court

(1) In any winding up, the court may, on the application by a member, creditor, liquidator or the Authority or on its own motion -

(a) appoint a liquidator if from any cause whatever there is no liquidator acting, or

(b) on cause shown, remove a liquidator and appoint another liquidator.

(2) Where the court makes an order under subsection (1), it may give such consequential directions, including directions as to the delivery and transfer of the seal, books, records and any property of the company, as it thinks fit.

Comparing proposed amendment...