Winding-up
This section has no associated Explanatory Notes
32(1)Section 137 (appointment by Secretary of State) is amended as follows.
(2)In subsection (2)—
(a)for “meetings are held” substitute “nominations are sought from the company’s creditors and contributories”;
(b)omit “of those meetings”.
(3)In subsection (5), for the words from “shall” to the end substitute “must explain the procedure for establishing a liquidation committee under section 141.”