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Section 453 - Receiver not to be appointed of assets with liquidator. - Companies Act, 1956Extract Receiver not to be appointed of assets with liquidator. 453. A receiver shall not be appointed of assets in the hands of a liquidator except by, or with the leave of, the [1] [Tribunal]. ---------------------------------- Notes:- [1] Inserted by the Companies (Second Amendment) Act, 2002.w.e.f. a date yet to be notified.
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