Companies Act (Cap. 386)
Companies Act (Cap. 386), article 271
271. (1) If a vacancy occurs by d eath, resignation or removal
in the office of liquidator appointed by the company, the compa ny
shall by extraordi nary resolution fill the vacancy.
(2) For the purposes of sub-article (1), a general meeting shall
be convened by any member, contributory or, if there were more
than one liquidator, by the continuing liquidator or liquidators and
notice of the meeting shall be given within fourteen days of th e
occurrence of the vacancy refer red to in sub-article (1).
(3) The general meeting shall be held in the manner provided
by this Act or by the memorandum and articles, or in such manne r
as may, on the application of any member, contributory or by th e
continuing liquidator, be determined by the court.
(4) If for any cause whatsoever a liquidator is not appointed in
the manner specified by sub-ar ticle (1), or if a vacancy occurs in
the office of a liquidator appointed by the Court, any member,
contributory or the continuing liquidator or liquidators may, a t any
time thereafter, apply to the co urt for the appointment of a
liquidator, and the appointment shall be made by the court.
Duty of liquidator
in case of
insolvency.
Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.