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A-32 - Act respecting insurance
Section 389
Disposition versions
389. (Repealed).
389. The decision of the Government ordering the winding-up shall have the same effect as an order made by a judge of the Superior Court under section 25 of the Winding-up Act (chapter L‐4); the provisions of Chapter XI of this title also apply with the necessary modifications to the winding-up so ordered to the extent that they are not inconsistent with this Act.
In the case of such a winding-up, no appeal shall lie from the order.
However, the Minister may terminate the winding-up if the interest of the insured persons justifies it.
