Companies Act, 1973 (Act No. 61 of 1973)Chapter XIV: Winding-up of CompaniesLiquidators378. Leave of absence or resignation of liquidator |
| 1) | A liquidator shall not be absent from the Republic for a period exceeding 60 days unless- |
| a) | the Master has before his departure from the Republic granted him permission in writing to be absent; and |
| b) | he complies with such conditions as the Master may think fit to impose. |
| 2) | At the request of a liquidator the Master may relieve him of his office or direct him to resign upon such conditions as the Master may think fit. |
| 3) | Every liquidator who is permitted to absent himself from the Republic for a period exceeding 60 days or who is relieved of his office by the Master or so resigns therefrom, shall give notice thereof in the Gazette. |