134. Appointment, style, etc., of liquidators

The following provisions with respect to liquidators have effect on a winding up order being made:

the Court may appoint a licensed insolvency practitioner or, if the Official Receiver consents, the Official Receiver, to be the liquidator;

at any time when the Official Receiver is the liquidator of the company, the Official Receiver may summon separate meetings of the creditors and contributories of the company for the purpose of determining whether or not an application is to be made to the Court for appointing a liquidator in the place of the Official Receiver;

the Court may make any appointment and order required to give effect to any determination mentioned in paragraph (b), and, if there is a difference between the determinations of the meetings of the creditors and contributories in respect of the matter mentioned in paragraph (b), the Court must decide the difference and make such order on the difference as the Court thinks fit;

in a case where a winding up order is made under section 125(1)(n) on the ground that the company is being used for purposes against national security or interest, the Official Receiver must be the liquidator of the company;

any vacancy in the office of a liquidator appointed by the Court must be filled by the Court, and, pending the appointment of a replacement liquidator by the Court, the Official Receiver is by virtue of the Official Receiver’s office the liquidator during such vacancy;

where the Official Receiver is the provisional liquidator or liquidator of the company, including where the Official Receiver is the liquidator under paragraph (e), the Official Receiver may, at any time, appoint one or more licensed insolvency practitioners to act as the provisional liquidator or liquidator in place of the Official Receiver;

the appointment of any licensed insolvency practitioner appointed as a provisional liquidator or liquidator under paragraph (f) does not take effect until that person agrees to be appointed as a provisional liquidator or liquidator of the company;

a liquidator must be described, where a person other than the Official Receiver is liquidator, by the style of “the liquidator”, and, where the Official Receiver is liquidator, by the style of “the Official Receiver and liquidator”, of the particular company in respect of which the liquidator is appointed, and not by the liquidator’s individual name.