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Law library · Sierra Leone · The Companies Act, 2009

Section 410, The Companies Act, 2009

In forceThe Companies Act, 2009, Sierra Leone

(1) The company in general meeting shall appoint one ormore liquidators for the purpose of winding up the affairs and distributing the assets of the company, and may fix the remuneration to be paid to him or them. (2) On the appointment of a liquidator all the powers of the directors shall cease, except so far as the company in general meeting, or the liquidator, sanctions the continuance of such powers.

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