https://www.taxtmi.com/acts?id=17573 The Tribunal may remove a provisional liquidator or company liquidator for misconduct, fraud or misfeasance, professional incompetence or failure to exercise due care and diligence, inability to act, or conflict of interest or lack of independence, provided reasons are recorded and the liquidator is given a reasonable opportunity of being heard. On death, resignation or removal the Tribunal may transfer the work to another company liquidator, and where loss or damage is caused by fraud, misfeasance or lack of due care the Tribunal may recover such loss from the liquidator and pass other appropriate orders. en-us Sat, 02 Mar 2013 14:49:26 +0530 Fri, 12 Dec 2025 15:07:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17573 The Tribunal may remove a provisional liquidator or company liquidator for misconduct, fraud or misfeasance, professional incompetence or failure to exercise due care and diligence, inability to act, or conflict of interest or lack of independence, provided reasons are recorded and the liquidator is given a reasonable opportunity of being heard. On death, resignation or removal the Tribunal may transfer the work to another company liquidator, and where loss or damage is caused by fraud, misfeasance or lack of due care the Tribunal may recover such loss from the liquidator and pass other appropriate orders. Act-Rules Companies Law Sat, 02 Mar 2013 14:49:26 +0530 https://www.taxtmi.com/acts?id=17573