https://www.taxtmi.com/caselaws?id=109648 An expired appointment of an Official Liquidator or Official Receiver could not be continued after the original tenure ended, especially where a successor had already been appointed. Rule 9 of the Company Court Rules did not authorise extension of the earlier appointee's term, and Section 524 of the Companies Act was confined to appointment of additional liquidators rather than continuation of an expired appointment. The Court also noted that the relevant power under Section 57 of the Provincial Insolvency Act lies with the Government, not the Court. The order permitting continuance of the earlier appointee was therefore unsustainable and was set aside. en-us Fri, 25 Jul 2003 00:00:00 +0530 Wed, 11 Apr 2012 11:51:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109648 An expired appointment of an Official Liquidator or Official Receiver could not be continued after the original tenure ended, especially where a successor had already been appointed. Rule 9 of the Company Court Rules did not authorise extension of the earlier appointee's term, and Section 524 of the Companies Act was confined to appointment of additional liquidators rather than continuation of an expired appointment. The Court also noted that the relevant power under Section 57 of the Provincial Insolvency Act lies with the Government, not the Court. The order permitting continuance of the earlier appointee was therefore unsustainable and was set aside. Case-Laws Companies Law Fri, 25 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109648