COMPANIES.
No. 58 of 1911.
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liquidator appointed by the company, or for the appointment of a committee of inspection, and, if the creditors so resolve, an application may be made accordingly to the Court at any time, not later than 14 days after the date of the meeting, by any creditor appointed for the purpose at the meeting.
(3) On any such application the Court may make an order either for the removal of the liquidator appointed by the company and for the appointment of some other person as liquidator, or for the appointment of some other person to act as liquidator jointly with the liquidator appointed by the company, or for the appointment of a committee of inspection either together with or without any such appointment of a liquidator, or such other order as, having regard to the interests of the creditors and contributories of the company, may seem just.
(4) No appeal shall lie from an order of the Court upon such application under this section.
(5) The Court shall make such order as to the costs of the application as it may think fit, and if it is of opinion that, having regard to the interests of the creditors in the liquidation, there were reasonable grounds for the application, may order the costs of the application to be paid out of the assets of the company, notwithstanding that the application is dismissed or otherwise disposed of adversely to the applicant.
vacancy in
182.-(1) If a vacancy occurs by death, resignation, or otherwise Power to fill in the office of liquidator appointed by the company in a voluntary office of winding up, the company in general meeting may, subject to any arrangement with its creditors, fill the vacancy.
(2) For that purpose a general meeting may be convened by any contributory or, if there were more liquidators than one, by the continuing liquidators.
(3) The meeting shall be held in manner prescribed by the articles, or in such manner as may, on application by any contributory or by the continuing liquidators, be determined by the Court.
8 Edw. 7 c. 69 s. 189.
183.-(1) A company about to be, or in course of being wound Delegation up voluntarily may, by extraordinary resolution delegate to its of authority to appoint creditors, or to any committee of them, the power of appointing liquidators.
Ib, s. 190. liquidators or any of them, and of supplying vacancies among the liquidators, or enter into any arrangement with respect to the
COMPANIES.
No. 58 of 1911.
2165
liquidator appointed by the company, or for the appointment of a committee of inspection, and, if the creditors so resolve, an applica- tion may be made accordingly to the Court at any time, not later than 14 days after the date of the meeting, by any creditor appoint- ed for the purpose at the meeting.
(3) On any such application the Court may make an order either for the removal of the liquidator appointed by the company and for the appointment of some other person as liquidator, or for the appointment of some other person to act as liquidator jointly with the liquidator appointed by the company, or for the appointment of a committee of inspection either together with or without any such appointment of a liquidator, or such other order as, having regard to the interests of the creditors and contributories of the company, may seem just.
(4) No appeal shall lie from an order of the Court upon such application under this section.
(5) The Court shall make such order as to the costs of the application as it may think fit, and if it is of opinion that, having regard to the interests of the creditors in the liquidation, there were reasonable grounds for the application, may order the costs of the application to be paid out of the assets of the company, notwith- standing that the application is dismissed or otherwise disposed of adversely to the applicant.
vacancy in
182.-(1) If a vacancy occurs by death, resignation, or otherwise Power to fill in the office of liquidator appointed by the company in a voluntary office of winding up, the company in general meeting may, subject to any liquidator. arrangement with its creditors, fill the vacancy.
(2) For that purpose a general meeting may be convened by any contributory or, if there were more liquidators than one, by the continuing liquidators.
(3) The meeting shall be held in manner prescribed by the articles, or in such manner as may, on application by any contribu- tory or by the continuing liquidators, be determined by the Court.
8 Edw. 7 c. 69 s. 189.
183.-(1) A company about to be, or in course of being wound Delegation
of authority up voluntarily may, by extraordinary resolution delegate to its
to appoint creditors, or to any committee of them, the power of appointing liquidators.
ib, s. 190. liquidators or any of them, and of supplying vacancies among the liquidators, or enter into any arrangement with respect to the
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