Companies Act (Cap. 386)
Companies Act (Cap. 386), article 289
289. (1) The court may, on the application of any member,
creditor or contributory, remove a liquidator if it is satisfie d that
there exist sufficient grounds to warrant his removal and appoi nt
another liquidator.
(2) A vacancy resulting from the death or resignation of a
liquidator appointed by the Court may, on the application of an y
member, creditor or contributory, be filled by the Court.
(3) The person who applied to the Court in terms of sub-article
(2) shall, in the case of a vacancy resulting from the death of a
liquidator, inform the Registrar of the demise of the liquidato r.
Notice by
liquidator of his
appointment.
Amended by:
IV . 2003.114.
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