Part 14 — Winding-up, Liquidation and Dissolution of Cooperatives Division 1 Receivers and Receiver-Managers
315 Application for supervision
liquidation and dissolution under section 310 must state the
reasons, verified by an affidavit or statutory declaration of the
applicant, why the Court should supervise the liquidation and
dissolution.
(2) If the Court makes an order for supervision under section 310,
the liquidation and dissolution of the cooperative continues under
the supervision of the Court in accordance with this Act.