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Section 172: Consent to appointment and validity of act of 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.

172. Consent to appointment and validity of act of liquidator (1) The appointment of a person as liquidator, other than on the order of the Court, is of no effect unless that person has consented in writing to the appointment. (2) The act of a person as a liquidator is valid even though that person is not qualified to act as a liquidator.

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