158. The resolution to approve the winding-up becomes effective only when it is approved by the Agence nationale d’encadrement du secteur financier and on the date it determines; before giving its approval, it may replace the liquidator appointed in the resolution by a liquidator it chooses.
For the purposes of the Winding-up Act (chapter L-4), the liquidator appointed by the Agence nationale d’encadrement du secteur financier is deemed to have been appointed by the shareholders, except in the cases provided for in sections 6 and 7 of that Act, the Agence nationale d’encadrement du secteur financier acting, in such cases, in the place and stead of the shareholders.
1981, c. 31, s. 158; 1982, c. 52, s. 246; 2002, c. 45, s. 564.