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Liquidator (law)
In law, a liquidator is the officer appointed when a company goes into winding-up or liquidation who has responsibility for collecting in all of the assets of the company and settling all claims against the company before putting the company into dissolution.
==Powers==
In most jurisdictions, a liquidator's powers are defined by statute.〔In the United Kingdom, they are set in Schedule 4 to the Insolvency Act 1986〕 Certain powers are generally exercisable without the requirement of any approvals; others may require sanction, either by the court, by an extraordinary resolution (in a members' voluntary winding up) or the liquidation committee or a meeting of the company's creditors (in a creditors' voluntary winding-up).〔In the United Kingdom, see sections 165-168 of the Insolvency Act 1986〕
The liquidator would normally require sanction to pay creditors and to make compromises or arrangement with creditors. Without sanction (unless it is a compulsory winding-up) the liquidator may carry on legal proceedings and carry on the business of the company so far as may be necessary for a beneficial winding-up. Without sanction, the liquidator may, ''inter alia'', sell company property, claim against insolvent contributories, raise money on the security of company assets, and so all such things as may be necessary for the winding-up and distribution of assets.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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