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F1PART VN.I.WINDING UP OF COMPANIES REGISTERED UNDER THE COMPANIES ORDERS

CHAPTER IIIN.I.MEMBERS' VOLUNTARY WINDING UP

Power to fill vacancy in office of liquidatorN.I.

78.—(1 )F2 If a vacancy occurs by death, resignation or otherwise in the office of liquidator appointed by the company, the company in general meeting may, subject to any arrangement with its creditors, fill the vacancy.

(2 )F2 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 )F2 The meeting shall be held in the manner provided by this Order or by the company's articles, or in such manner as may, on application by any contributory or by the continuing liquidators, be determined by the High Court.F2

F2mod. by SR 2004/307