Section 138(4)

If it appears to the interim liquidator, in any case where a company is being wound up on grounds including its inability to pay its debts, that it would be inappropriate to seek a nomination from the company's contributories under subsection (3), he may seek a nomination only from the company’s creditors for the purpose mentioned in that subsection.

← 3 · All articles · 5 →

Source: legislation.gov.uk · retrieved 2026-09-04