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L-4 - Winding-up Act

Section 8
Disposition versions

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8. In default of the shareholders appointing or replacing a liquidator or liquidators, any judge of the Superior Court, in the district where the company has its head office or principal establishment, may, on application of a shareholder, after a default of 15 days, appoint a liquidator or liquidators.
The judge may also, on due cause shown, remove any liquidator; and he may, after a default of 15 days on the part of the shareholders to do so, appoint another.
R. S. 1964, c. 281, s. 8; 1999, c. 40, s. 169.
8. In default of the shareholders appointing or replacing a liquidator or liquidators, any judge of the Superior Court, in the district where the company has its chief office or principal place of business, may, on application of a shareholder, after a default of fifteen days, appoint a liquidator or liquidators.
The judge may also, on due cause shown, remove any liquidator; and he may, after a default of fifteen days on the part of the shareholders to do so, appoint another.
R. S. 1964, c. 281, s. 8.
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