7.2
CurrentVacancy in office of liquidator (Corporations Act, ss 473A and 499(3) and Insolvency Practice Schedule (Corporations), s 90-15)
Schedule 1ARules for proceedings under Corporations Act or ASIC Act
Part 7Liquidators
7.2 Vacancy in office of liquidator (Corporations Act, ss 473A and 499(3) and Insolvency Practice Schedule (Corporations), s 90-15)
If, for any reason, there is no liquidator of a company under external administration, the court may appoint a registered liquidator whose written consent in form 8 has been filed.
Note—
Under the Insolvency Practice Schedule (Corporations), section 90-15(2), the court may make the appointment—
(a)
on its own initiative, during a proceeding before the court; or
(b)
on application under the Insolvency Practice Schedule (Corporations), section 90-20.
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