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    <title>General provisions as to liquidators.</title>
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    <description>The statute charges the liquidator with conducting winding up proceedings and performing duties as directed by the Tribunal, including administration of assets. When the Official Liquidator acts, prescribed fees are payable to the Central Government from company assets. Acts of a liquidator are valid despite later-discovered defects in appointment or qualification, except for acts done after the appointment is shown to be invalid.</description>
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