Section 239ABY — Companies Act 1993: Former administrator is default liquidator

239ABY Former administrator is default liquidator In the case of the appointment of a liquidator to a company in administration by the creditors, the former administrator is the liquidator if— (a) the creditors' resolution does not nominate a person for appointment; or (b) the person nominated is disqualified from acting as the liquidator or has not consented in writing; or (c) the person nominated is for any other reason unable or unwilling to act as liquidator. Section 239ABY: inserted, on 1 November 2007, by section 6 of the Companies Amendment Act 2006 (2006 No 56).