Companies Act, 1963

Power to fill vacancy in office of liquidator.

259.—(1) If a vacancy occurs by death, resignation or otherwise in the office of liquidator appointed by the company, the company in general meeting may fill the vacancy.

(2) For that purpose a general meeting may be convened by any contributory or, if there are more liquidators than one, by the continuing liquidators.

(3) The meeting shall be held in manner provided by this Act or by the articles or in such manner as may, on application by any contributory or by the continuing liquidators, be determined by the court.