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          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.

          <h1>Conflict of interest: prohibition on liquidators and advisory members purchasing company assets without tribunal leave.</h1> Company Liquidator and advisory committee members are barred from directly or indirectly purchasing company assets while acting in a winding up, including purchases by intermediaries or relatives; such purchases are permitted only with the leave of the Tribunal. Purchases contrary to this prohibition may be set aside by the Tribunal on application by the liquidator, a creditor, or a contributory, and the Tribunal may order costs as it deems fit.

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