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…The provisions of s.236 will apply with regard to the appointment of liquidators consequent upon a winding-up order being made.…

…He also suggested that such appointment of Receivers/Managers as liquidators would save costs though he has not explained how it is so.…

…There is in the Bankruptcy Notice no 10 file notice of appointment by the debtors advocates filed on 8/10/90 and also a letter by the Debtors advocates dated 15/10/90 asking for copies of the pleadings for service and action…

…The debtor had appointed a counsel who had entered appearance and filed a notice of appointment on 8/10/90. Those documents are lying in the Bankruptcy Notice No 10 file.…

…The appointment of a provisional liquidator can only be made when an effective petition pending. Here there is a Petition pending which on the face of it has merit.…

…The object of the appointment is to protect the Company’s assets and goodwill before the winding up order is made.…

…In default, the Petitioner would be entitled to realise its security including appointment of receiver under the charge.…

…The appointment of Receivers and Managers is also unenforceable being based on invalid security documents.…

…There are other prayers in the main suit all arising from the loan transaction and the appointment of Receivers and Managers.…