Companies.
pany shall be liquidator: Provided that in the case of different persons being nominated any director, member, or creditor of the company may, within seven days after the date on which the nomination was made by the creditors, apply to the court for an order either directing that the person nominated as liquidator by the company shall be liquidator instead of or jointly with the person nominated by the creditors, or appointing some other person to be liquidator instead of the person appointed by the creditors.
[228
[CAP. 32
of committee
19 & 20 Geo. 5, c. 23, s. 240.
228. (1) The creditors at the meeting to be held in pursuance of section 226 or at any subsequent meeting, may, if they think fit, appoint a committee of inspection, consisting of not more than five persons, and if such a committee is appointed the company may, either at the meeting at which the resolution for voluntary winding up is passed or at any time subsequently in general meeting, appoint such number of persons as they think fit to act as members of the committee not exceeding five in number: Provided that the creditors may, if they think fit, resolve that all or any of the persons so appointed by the company ought not to be members of the committee of inspection, and, if the creditors so resolve, the persons mentioned in the resolution shall not, unless the court otherwise directs, be qualified to act as members of the committee, and on any application to the court under this provision the court may, if it thinks fit, appoint other persons to act as such members in place of the persons mentioned in the resolution.
(2) Subject to the provisions of this section and to general rules, the provisions of section 192 (except sub-section (1)) shall apply with respect to a committee of inspection appointed under this section as they apply with respect to a committee of inspection appointed in a winding up by the court.
[229
229. (1) The committee of inspection, or if there is no such committee, the creditors, may fix the remuneration to be paid to the liquidator or liquidators.
Fixing of remuneration liquidators' and cesser of directors' powers. 19 & 20 Geo. 5, c. 23, s. 241.
(2) On the appointment of a liquidator, all the powers of the directors shall cease, except so far as the committee
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