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        IBC

        Regulation 5 - Appointment of Liquidator

        Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017
        Chapter III
        APPOINTMENT AND REMUNERATION OF LIQUIDATOR

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        Appointment of liquidator requires corporate person to appoint an eligible insolvency professional and specify terms and remuneration in the resolution. Appointment requires the corporate person to appoint an eligible insolvency professional by resolution which must specify the terms and conditions of appointment, including remuneration, and the appointed insolvency professional must notify the Board within the prescribed short period after appointment.
                    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.

                        Appointment of liquidator requires corporate person to appoint an eligible insolvency professional and specify terms and remuneration in the resolution.

                        Appointment requires the corporate person to appoint an eligible insolvency professional by resolution which must specify the terms and conditions of appointment, including remuneration, and the appointed insolvency professional must notify the Board within the prescribed short period after appointment.


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