The Insolvency Rules (Northern Ireland) 1991

Release of resigning or removed liquidator

4.151.—(1) Where the liquidator resigns, he has his release from the date on which he gives notice of his resignation to the registrar.[FORM 4.41]

(2) Where the liquidator is removed by a meeting of the company, he shall forthwith give notice to the registrar of his ceasing to act.[FORM 4.41]

(3) Where the liquidator is removed by the court, he must apply to the Department for his release.[FORM 4.42]

(4) When the Department gives the release, it shall so certify and send the certificate to the registrar.

(5) A copy of the certificate shall be sent by the Department to the former liquidator, whose release is effective from the date of the certificate.

[E.R.4.144]