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Financial Markets Control Act, 1989 (Act No. 55 of 1989)

34. Judicial Management

 

 

(1) A judicial management order may be granted in respect of a financial exchange by the court on the application of the persons who are entitled under section 33 (1) to make an application to the court for the winding-up of a financial exchange, and section 33 (2) (b) (i) and (ii) shall mutatis mutandis apply to an application for a judicial management order.

 

(2) Subject to section 35, the provisions of the Companies Act, 1973, relating to the judicial management of companies shall mutatis mutandis apply to a financial exchange.