Sections | Particulars |
---|---|
Chapter XX | Winding Up |
360 | Powers and functions of Official Liquidator |
Description | 1. The Official Liquidator shall exercise such powers and perform such duties as the Central Government may prescribe.2. Without prejudice to the provisions of sub-section (1), the Official Liquidator may—a. exercise all or any of the powers as may be exercised by a Company Liquidator under the provisions of this Act; andb. conduct inquiries or investigations, if directed by the Tribunal or the Central Government, in respect of matters arising out of winding up proceedings. |
86540
103860
630
114
59824