S.L. 234.42 Art. 145Vacancy in office of liquidator.

If a vacancy occurs, by death, resignation or removal in the office of a liquidator who was not appointed by the court, a new liquidator shall be appointed in accordance with the provisions of regulation 137(1):

Provided that if a liquidator is not appointed in accordance with the provisions of the said subregulation, any member or creditor of the company may apply to the court for the appointment of a liquidator and the appointment shall be made by the court.