https://www.taxtmi.com/acts?id=17556 Section 259 previously provided for the appointment of an administrator by the Tribunal from a databank of specified professionals, allowed the Tribunal to determine terms and conditions, empowered the administrator to take over assets or management, and permitted engagement of experts with Tribunal approval; these statutory mechanisms have been omitted by subsequent insolvency reform. en-us Sat, 02 Mar 2013 14:39:17 +0530 Fri, 12 Dec 2025 13:04:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17556 Section 259 previously provided for the appointment of an administrator by the Tribunal from a databank of specified professionals, allowed the Tribunal to determine terms and conditions, empowered the administrator to take over assets or management, and permitted engagement of experts with Tribunal approval; these statutory mechanisms have been omitted by subsequent insolvency reform. Act-Rules Companies Law Sat, 02 Mar 2013 14:39:17 +0530 https://www.taxtmi.com/acts?id=17556