Insolvency, Restructuring and Dissolution Act 2018 · 2020 Revised Edition · Part 7 · Judicial Management
98. Vacancy in appointment of judicial manager or interim judicial manager
Feedback & supportIf a vacancy occurs by death, resignation or otherwise in the office of a judicial manager or interim judicial manager of a company who was appointed by the Court, the Court may, on the application of the company, any creditor of the company, or the Minister, by order fill the vacancy.
judicial manager
“judicial manager”, in relation to a company, means a person appointed under this Part to manage the company and its affairs, business and property, but does not, unless a contrary intention appears, include an interim judicial manager;
If a judicial manager of a company, who was appointed under section 94, dies, resigns or otherwise vacates the office of judicial manager —
company
“company” has the meaning given by section 4(1) of the Companies Act 1967;
the creditors may (by a majority in number and value, voting either in person or by proxy) fill the vacancy; and
a meeting of the creditors may be summoned by any 2 of their number for the purpose of filling the vacancy.