Company Liquidators and their appointments
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....intained under sub-section (2) as the Company Liquidator. ^1[(2) The provisional liquidator or the Company Liquidator, as the case may, shall be appointed by the Tribunal from amongst the insolvency professionals registered under the Insolvency and Bankruptcy Code, 2016.] (3) Where a provisional liquidator is appointed by the Tribunal, the Tribunal may limit and restrict his powers by the or....
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....ent. (7) While passing a winding up order, the Tribunal may appoint a provisional liquidator, if any, appointed under clause (c) of sub-section (1) of section 273, as the Company Liquidator for the conduct of the proceedings for the winding up of the company. *************** NOTES:- 1. Substituted vide Section 255 readwith Eleventh Schedule of the ....
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