Insolvency Act · 2022 Revised Edition · Chapter VII
Section 141
Official textFrom Attorney General's Chambers, unchanged
If a liquidator who has made any default —
in filing, delivering or making any return, account or other document; or
in giving any notice which he is by law required to file, deliver, make or give, fails to make good the default within 14 days after the service on him of a notice requiring him to do so, the Court has the powers as specified in subsection (2).
On an application made by any creditor or contributory of the company, or by the Registrar, the Court may make an order directing the liquidator to make good the default within such time as may be specified in the order.
The order may provide that all costs of and incidental to the application shall be borne by the liquidator.
Nothing in this section prejudices the operation of any other written laws imposing penalties on a liquidator in respect of any such default as is mentioned in subsection (2).
Insolvency 112
insolvency
“insolvency”, in relation to a company, includes the approval of a voluntary arrangement or the appointment of a judicial manager;
Removal and vacation of office
Terms defined in s 3
company
Defined · s 3“company” means a company incorporated or registered under the Companies Act;
Court
Defined · s 3“Court”, in relation to a company, means a court having jurisdiction to wind up the company;
document
Defined · s 3“document” includes summons, notice, order and other legal process, and registers;
insolvency
Defined · s 3“insolvency”, in relation to a company, includes the approval of a voluntary arrangement or the appointment of a judicial manager;
Chapter VIII
Chapter IX
Chapter X
Part