TMI BlogCompany Liquidators and their appointmentsX X X X Extracts X X X X X X X X Extracts X X X X ..... l maintained 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 h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sclosing conflict of interest or lack of independence in respect of his appointment, if any, with the Tribunal and such obligation shall continue throughout the term of his appointment. (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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ompany matters. 2. As Omitted vide Insolvency and Bankruptcy Code, 2016, ELEVENTH SCHEDULE, before it was read as, (4) The Central Government may remove the name of any person or firm or body corporate from the panel maintained under sub-section (2) on the grounds of misconduct, fraud, misfeasance, breach of duties or professional incompetence: - - statute, statutory provisions legis ..... X X X X Extracts X X X X X X X X Extracts X X X X
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