291 Resignation of liquidator under this Sub-Part

(1) A liquidator under this Sub-Part may only resign in accordance with this
section.


(2) Subject to subsection (4), the liquidator shall give not less than 14 days‘
notice of his intention to resign to each member and director of the
company.


(3) The notice of intention to resign shall be accompanied by a summary of
the voluntary winding up accounts and a report of the liquidator‘s
conduct of the voluntary winding up.

(4) The directors and members of the company may resolve to accept less
than 14 days‘ notice of the liquidator‘s resignation.

(5) On the expiration of the notice period specified in the notice, or such
shorter period of notice that may be accepted by the members and
directors under subsection (4), the liquidator may send notice of his
resignation to each member and director of the company.

(6) Where a liquidator resigns, he shall file with the Registrar a notice of his
resignation and his resignation takes effect from the date of filing.

(7) Upon receipt of a notice of resignation filed by a liquidator under
subsection (6), the Registrar shall forthwith send a copy of the notice of
resignation to the registered agent of the company.