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Cap. 386 · Companies Act (Cap. 386)

Cap. 386 Art. 38Power to remove liquidator.

PART III - PARTNERSHIP

In KraftAmtlicher Text

(1) A liquidator, whether appointed by the partners or by the court, may be removed from office either by the partners, if they so agree, or by order of the court, on a demand by sworn application made by any of the partners, if the court is satisfied that there exist sufficient grounds to warrant his removal.

(2) Where the office of a liquidator becomes vacant, the provisions of article 37(2) shall apply.

Änderungsgeschichte
  • Amended by L.N. 186 of 2006