Companies Act 1985

533 Appointment, style, etc., of liquidators in England and Wales

(1) The following provisions with respect to liquidators have effect on a winding-up order being made in England and Wales.

(2) The official receiver by virtue of his office becomes the provisional liquidator and shall continue to act as such until he or another person becomes liquidator and is capable of acting as such.

(3) The official receiver shall summon separate meetings of the company's creditors and contributories for the purpose of determining whether or not an application is to be made to the court for appointing a liquidator in the place of the official receiver.

(4) The court may make any appointment and order required to give effect to that determination; and, if there is a difference between the determinations of the meetings of the creditors and contributories in respect of the matter in question, the court shall decide the difference and make such order thereon as it may think fit.

(5) If a liquidator is not appointed by the court, the official receiver shall be the liquidator of the company.

(6) The official receiver is, ex officio, the liquidator during any vacancy.

(7) A liquidator shall be described, where a person other than the official receiver is liquidator, by the style of " the liquidator " and, where the official receiver is liquidator, by the style of " the official receiver and liquidator ", of the particular company in respect of which he is appointed (and not by his individual name).