210. Appointment of provisional liquidator or of liquidator following administration
Past version: effective from 14/06/2015 - 13/06/2015
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(1) The Court may, at any time after the presentation of a winding-up petition, appoint a liquidator provisionally to carry on such functions as the Court may confer on him. The powers of such a liquidator may be limited by the order appointing him.
(2) When a provisional liquidator has been appointed, no action or proceeding shall be proceeded with or commenced against the Company or its property, except by leave of the Court and subject to such terms as the Court may impose.
(3) Where a winding-up order is made immediately upon the appointment of an administrator ceasing to have effect, the Court may appoint as liquidator of the Company the person whose appointment as administrator has ceased to have effect.
(4) Where a liquidator is appointed in accordance with subsection (3) or upon registration of a notice under Section 122(2) (Moving to creditors' voluntary liquidation) and that person becomes aware of creditors not formerly known to him in his capacity as administrator, he shall send to those creditors a copy of any statement or report sent by him to creditors under Section 56 (Administrator's proposals), so noted as to indicate that it is being sent under this Section.