Article 109 - Company Arrangement in Liquidation

(1) If the Liquidator of a Company proposes an Arrangement in the course of being wound up, the QFC Court may do one or both of the following, namely:
(A) by order stay all proceedings in the winding up; and/or
(B) give such directions with respect to the conduct of the winding up as it thinks appropriate for facilitating the Arrangement.
(2) The procedure for approving and implementing an Arrangement under this Article 109 shall be the same, with the necessary modifications, as that in administration under Articles 51 to 55.