Section 46 Liquidator’s supplementary powersI1

In Article 143 (liquidator’s supplementary powers), for paragraph (2) substitute—

“(2)

The liquidator may seek a decision on any matter from the company’s creditors or contributories; and must seek a decision on a matter—

(a)

from the company’s creditors, if requested to do so by one-tenth in value of the creditors;

(b)

from the company’s contributories, if requested to do so by one-tenth in value of the contributories.”.