302. Removal of liquidator The Court may, on cause shown, remove a liquidator and appoint another liquidator.

Question 1

302. Removal of liquidator

The Court may, on cause shown, remove a liquidator and appoint another liquidator.

Answer 1

General overview
[302.01] Section 302 provides that the court may, on cause shown, remove a liquidator and appoint another liquidator. This section applies to a voluntary winding up, but the court has applied the same principles to the cases dealing with the removal of a liquidator in a compulsory winding up. Refer to ss 263 and 268 and the cases thereunder.