ADVOKS GLOBAL · KENYA
Insolvency Act
416. Appointment or removal of liquidator by the Court
Edition: 2022-12-31 · In force
416. Appointment or removal of liquidator by the Court
(1)The Court may appoint a liquidator if for any reason there is no liquidator or the liquidator is unable to act.(2)The Court may, on cause shown, remove a liquidator and appoint another one.(3)Only an authorised insolvency practitioner is eligible for appointment under this section.(4)The acts of a person appointed by the Court as a liquidator of a company are valid despite any defect in the person's appointment or qualifications.