Section 136:
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
136. Court may appoint directors
(1) Where—
(a) there are no directors of a company, or the number of directors
is less than the quorum required for a meeting of the Board; and
C35 – 87 [Issue 1]
Companies Act
(b) it is not possible or practicable to appoint directors in accordance
with the company’s constitution or under section 140 (3),
a shareholder or creditor of the company may apply to the Court to appoint
one or more persons as directors of the company, and the Court may make
an appointment if it considers that it is in the interests of the company to do
so.
(2) An appointment shall be made on such terms and conditions as the
Court thinks fit.
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Questions this section answers
- Can the Court appoint a director if my company has none left?