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4.123. (NO CVL APPLICATION)
(1) If the Secretary of State decides to remove the liquidator, he shall before doing so notify the liquidator and the official receiver of his decision and the grounds of it, and specify a period within which the liquidator may make representations against implementation of the decision.
(2) If the Secretary of State directs the removal of the liquidator, he shall forthwith—
(a)file notice of his decision in court, and
(b)send notice to the liquidator and the official receiver.
(3) If the liquidator is removed by direction of the Secretary of State—
(a)Rule 4.121 applies as regards the liquidator obtaining his release, as if he had been removed by the court, and
(b)the court may make any such order in his case as it would have power to make if he had been so removed.
Commencement Information
I1Rule 4.123 in force at 29.12.1986, see rule 0.1
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