Companies Act 2014

573

Appointment of provisional liquidator

573. F460[(1)] The court may appoint a liquidator provisionally at any time after the presentation of a winding-up petition and before the first appointment of a liquidator.

F460[(2) Where a provisional liquidator is appointed under subsection (1), the court shall direct that, as soon as reasonably practicable and in any case within such period as may be specified by the court, the provisional liquidator shall inform each relevant person—

(a) of his or her appointment as provisional liquidator and the date of his or her appointment,

(b) of the process under this Part in so far as it relates to the employees,

(c) that a relevant person may provide the provisional liquidator with information about matters they consider to be relevant, and

(d) of any other matter the provisional liquidator considers relevant.

(3) In this section, "relevant person" means, in relation to a company—

(a) an employee of the company, and

(b) where applicable, an employees’ representative.]

Annotations

Amendments:

F460

Inserted (1.07.2024) by Employment (Collective Redundancies and Miscellaneous Provisions) and Companies (Amendment) Act 2024 (14/2024), s. 22(a), (b), S.I. No. 303 of 2024.