PARTS 1 TO 4 COMPANY INSOLVENCY; COMPANIES WINDING UP

PART 4 COMPANIES WINDING UP

CHAPTER 13 THE LIQUIDATION COMMITTEE WHERE WINDING UP FOLLOWS IMMEDIATELY ON ADMINISTRATION
(NO CVL APPLICATION)

Liquidator's certificate
4.185. (1) The liquidator shall issue a certificate of the liquidation committee's continuance, specifying the persons who are, or are to be, members of it.
FORM 4.53
(2) It shall be stated in the certificate whether or not the liquidator has summoned a meeting of contributories under Rule 4.184(2), and whether (if so) the meeting has elected contributories to be members of the committee.
(3) Pending the issue of the liquidator's certificate, the committee is suspended and cannot act.
(4) No person may act, or continue to act, as a member of the committee unless and until he has agreed to do so; and the liquidator's certificate shall not issue until at least the minimum number of persons required under Rule 4.184 to form a committee have signified their agreement.
(5) As and when the others signify their agreement, the liquidator shall issue an amended certificate.
FORM 4.53
(6) The liquidator's certificate (or, as the case may be, the amended certificate) shall be filed by him in court.
(7) If subsequently there is any change in the committee's membership, the liquidator shall report the change to the court.
FORM 4.50
[E.R.4.176]