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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 225

Custody of company's property.

225.(1) Where a winding-up order has been made or where a provisional
liquidator has been appointed, the liquidator or the provisional liquidator,
as the case may be, shall take into his custody or under his control all the
property and things in action to which the company is or appears to be
entitled.

[(2) If and so long as there is no liquidator, all the property of the company
shall be deemed to be in the custody of the court.]

© 1960 Crown Copyright

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