Prohibition on corporate liquidators: corporate bodies barred from appointment in voluntary winding up; appointments void and subject to penalty. A body corporate is disqualified from appointment as liquidator in a voluntary winding up; any appointment contrary to this disqualification is void, and a body corporate that acts as liquidator and its responsible officers incur a monetary penalty. A proviso permits a Central Government-approved corporate body of professionals to be eligible for appointment as Official Liquidator under the separate statutory provision.