Company Liquidators and their appointments.

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..... e panel maintained under sub-section (2) as the Company Liquidator. (2) The provisional liquidator or the Company Liquidator, as the case may be, shall be appointed from a panel maintained by the Central Government consisting of the names of chartered accountants, advocates, company secretaries, cost accountants or firms or bodies corporate having such chartered accountants .....

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..... mpetence: Provided that the Central Government before removing him or it from the panel shall give him or it a reasonable opportunity of being heard. (5) The terms and conditions of appointment of a provisional liquidator or Company Liquidator and the fee payable to him or it shall be specified by the Tribunal on the basis of task .....

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