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Section 160: Default by liquidator

Insolvency Act · PART III: WINDING UP AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

160. Default by liquidator (1) Where a liquidator who has made default in lodging or making any application, return, account or other document or in giving any notice which he is required to lodge, make or give, fails to make good the default within 14 days after the service on him of a notice issued by the Registrar of Companies or the Official Receiver or the Director requiring him to do so, the Court may, on the application of a contributory or creditor of the company or the Official Receiver or the Registrar of Companies or the Director, make an order directing the liquidator to make good the default within such time as is specified in the order. (2) An order under subsection (1) may provide that all costs of, and incidental to, the application shall be borne by the liquidator. (3) In this section— “liquidator” means a person, other than the Official Receiver, who is appointed as liquidator. [S. 160 amended by s. 11 (h) of Act 4 of 2017 w.e.f. 20 May 2017.]

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