Winding-up
This section has no associated Explanatory Notes
24For section 100(1) (appointment of liquidator) substitute—
“(1)The company may nominate a person to be liquidator at the company meeting at which the resolution for voluntary winding up is passed.
(1A)The company’s creditors may in accordance with the rules nominate a person to be liquidator.
(1B)The directors of the company must in accordance with the rules seek such a nomination from the company’s creditors.”