Insolvency, Restructuring and Dissolution Act 2018 · 2020 Revised Edition · Part 8 · Winding Up
135. Nomination and consent of liquidator
Feedback & supportSubject to subsections (3) and (4), when making a winding up application, the applicant must nominate in writing a licensed insolvency practitioner to be appointed liquidator.
licensed insolvency practitioner
“licensed insolvency practitioner” and “licensee” mean the holder of a licence granted under section 51;
Before the hearing of the winding up application, the applicant or the applicant’s solicitor must obtain and file the written consent of the licensed insolvency practitioner to being nominated.
The applicant may nominate the Official Receiver to be appointed as liquidator if —
Official Receiver
“Official Receiver” means the Official Receiver appointed under section 17(1) and includes a Deputy Official Receiver, a Senior Assistant Official Receiver and an Assistant Official Receiver;
the applicant has taken reasonable steps, but is unable, to obtain the consent of a licensed insolvency practitioner to be appointed as liquidator; and
the Official Receiver consents to being nominated to be appointed as liquidator.
Where the winding up application is made under section 125(1)(n) on the ground that the company is being used for purposes against national security or interest, the applicant must nominate the Official Receiver to be liquidator.
company
“company” has the meaning given by section 4(1) of the Companies Act 1967;