https://www.taxtmi.com/acts?id=15747 In a voluntary winding up the company must appoint a Company Liquidator from the Central Government panel and recommend the liquidator's fee; where creditors have resolved to wind up, the appointment requires approval by a majority in value of creditors or else creditors appoint another liquidator. Creditors must resolve on the fee when approving or appointing a liquidator. The appointed liquidator must file a prescribed declaration within seven days disclosing any conflict of interest or lack of independence, and that disclosure duty continues throughout the appointment. en-us Fri, 23 Dec 2011 13:37:56 +0530 Fri, 23 Dec 2011 13:37:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15747 In a voluntary winding up the company must appoint a Company Liquidator from the Central Government panel and recommend the liquidator's fee; where creditors have resolved to wind up, the appointment requires approval by a majority in value of creditors or else creditors appoint another liquidator. Creditors must resolve on the fee when approving or appointing a liquidator. The appointed liquidator must file a prescribed declaration within seven days disclosing any conflict of interest or lack of independence, and that disclosure duty continues throughout the appointment. Act-Rules Bills Fri, 23 Dec 2011 13:37:56 +0530 https://www.taxtmi.com/acts?id=15747