# The Insolvency (Scotland) Rules 1986, Rule 4.25: Release of liquidator on removal


(1) Where the liquidator has been removed by a creditors' meeting which has not resolved against his release, the date on which he has his release in terms of section 174(4)(a) shall be stated in the certificate of removal before a copy of it is sent to the court and to the registrar of companies under Rule 4.24(1).Form 4. (Scot)Form 4. (Scot)
(2) Where the liquidator is removed by a creditors' meeting which has resolved against his release, or is removed by the court, he must apply to the Accountant of Court for his release.Form 4.12 (Scot)
(3) When the Accountant of Court releases the former liquidator, he shall -
(a) issue a certificate of release to the new liquidator who shall send a copy of it to the court and to the registrar of companies, andForm 4.13 (Scot)Form 4.14 (Scot)
(b) send a copy of the certificate to the former liquidator,
and in this case release of the former liquidator is effective from the date of the certificate.

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Source: https://www.legislation.gov.uk/uksi/1986/1915/rule/4.25 (the official version)
Page: https://openlegislation.uk/insolvency-scotland-rules-1986/rule-4.25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

