Liquidator.

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..... tion. (2) A liquidator shall, on appointment, take into his custody or under his control all the property, effects and actionable claims to which the multi‑State co‑operative society is or appears to be entitled and shall take such steps as he may deem necessary or expedient to prevent loss or deterioration of, or damage to, such property, effects and claims and he may carry on the b .....

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