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        Companies Law

        Section 449 - Official Liquidator to be liquidator.

        Companies Act, 1956
        Chapter VII
        WINDING UP

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        Official Liquidator appointment: Official Liquidator becomes the company's liquidator automatically upon a winding up order. On the making of a winding up order, the Official Liquidator, by virtue of his office, becomes the liquidator of the company, effecting a statutory appointment and vesting liquidation authority automatically upon that triggering event.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Official Liquidator appointment: Official Liquidator becomes the company's liquidator automatically upon a winding up order.

                              On the making of a winding up order, the Official Liquidator, by virtue of his office, becomes the liquidator of the company, effecting a statutory appointment and vesting liquidation authority automatically upon that triggering event.


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