In re Zaki Ltd v [1987] JLR 244 (04 September 1987)

In re Zaki Ltd v [1987] JLR 244 (04 September 1987)

A partnership firm is not eligible to be appointed as liquidator, but individual partners are. There is no time limit to the appointment, and the liquidator remains in office until the company is wound up and assets distributed, unless previously replaced.

Citation
[1987] JLR 244
Parties
Company: Zaki Ltd
Jurisdiction
Jersey
Judgment Date
04 September 1987
Procedural Posture
Company Law Liquidation / Appointment of Liquidator
Outcome
Clarification of law; no appointment made in this extract
Legal Topics
Liquidation, Appointment of Liquidator

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Parties

Zaki Ltd

Company

Procedural Posture

Company Law Liquidation / Appointment of Liquidator

  1. 1 Who is eligible to be appointed as a liquidator of a company under Jersey law
  2. 2 Whether a partnership firm is eligible for appointment as liquidator

Ratio Decidendi

A partnership firm is not eligible to be appointed as liquidator, but individual partners are. There is no time limit to the appointment, and the liquidator remains in office until the company is wound up and assets distributed, unless previously replaced.

Court Disposition

Clarification of law; no appointment made in this extract