Appointment of Company Liquidator.

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Full Text of the Document

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....of the company and recommend the fee to be paid to the Company Liquidator. (2) Where the creditors have passed a resolution for winding up the company under sub-section (3) of section 306, the appointment of Company Liquidator under this section shall be effective only after it is approved by the majority of creditors in value of the company: Provided that where such creditors do not approve t....