https://www.taxtmi.com/acts?id=54050 Replacement of liquidator during liquidation may be initiated by the committee of creditors through a resolution supported by not less than sixty-six per cent of the voting share and the written consent of the proposed insolvency professional. The committee must then apply to the Adjudicating Authority for appointment of the proposed liquidator, and if no disciplinary proceedings are pending, the authority is to replace the existing liquidator and appoint the proposed insolvency professional. en-us Wed, 08 Apr 2026 10:29:30 +0530 Tue, 26 May 2026 11:44:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54050 Replacement of liquidator during liquidation may be initiated by the committee of creditors through a resolution supported by not less than sixty-six per cent of the voting share and the written consent of the proposed insolvency professional. The committee must then apply to the Adjudicating Authority for appointment of the proposed liquidator, and if no disciplinary proceedings are pending, the authority is to replace the existing liquidator and appoint the proposed insolvency professional. Act-Rules IBC Wed, 08 Apr 2026 10:29:30 +0530 https://www.taxtmi.com/acts?id=54050