Liquidator authority to appoint professionals and experts to assist in winding-up, subject to compliance with procedural rule. Rule 271 empowers the Liquidator to appoint practicing Chartered Accountants, Company Secretaries, Cost Accountants, legal practitioners entitled to appear before the Tribunal, or other professionals, experts, valuers or agencies as necessary to assist in performing duties under the Act and the rules, subject to the procedural requirement in rule 42.
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.
Liquidator authority to appoint professionals and experts to assist in winding-up, subject to compliance with procedural rule.
Rule 271 empowers the Liquidator to appoint practicing Chartered Accountants, Company Secretaries, Cost Accountants, legal practitioners entitled to appear before the Tribunal, or other professionals, experts, valuers or agencies as necessary to assist in performing duties under the Act and the rules, subject to the procedural requirement in rule 42.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.