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        Companies Law

        Rule 232 - Powers of Official Liquidator.

        Company Court Rules, 1959
        Chapter 01

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        Official Liquidator powers to execute collection and application of company assets under court control in winding-up proceedings. Official Liquidator is designated to perform the Court's duty to collect a company's assets and apply them in discharge of the company's liabilities in a winding-up, acting as an officer of the Court subject to the Court's control and the proviso in section 643(2).
                        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 powers to execute collection and application of company assets under court control in winding-up proceedings.

                            Official Liquidator is designated to perform the Court's duty to collect a company's assets and apply them in discharge of the company's liabilities in a winding-up, acting as an officer of the Court subject to the Court's control and the proviso in section 643(2).


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