Section 366: Power to fill vacancy in office of liquidator
The Companies Act, 2017 · Federal Acts · in_force
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366. Power to fill vacancy in office of liquidator.—If a vacancy occurs, by death, resignation or otherwise, in the office of a liquidator, other than a liquidator appointed by or by the direction of, the Court, the creditors in their meeting may fill the vacancy by appointing a person who has given his written consent to act as liquidator, and for this purpose the provisions of section 354 shall mutatis mutandis apply.
Effective date: 2017-05-30
Related sections
Section 365: Cessation of boards’ powersSection 367: Application of section 356 to a creditors voluntary winding upSection 364: Fixing of liquidator’s remunerationSection 368: Duty of liquidator to call meeting of company and of creditorsSection 363: Appointment of liquidatorSection 369: Final meeting and dissolution
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