Official Liquidator defined to include central and court-appointed liquidators, clarifying who the Rules govern. Rule 2 defines key terms: Act as the Companies Act, 1956; Official Liquidator to include central-government or court-appointed liquidators and those ... Summary
Official Liquidator defined to include central and court-appointed liquidators, clarifying who the Rules govern.
Rule 2 defines key terms: Act as the Companies Act, 1956; Official Liquidator to include central-government or court-appointed liquidators and those appointed under provisions of the Banking Companies Act; and Reserve Bank as the Reserve Bank of India, including its branches and agencies, thereby specifying who and which institutions the Rules govern.
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