Discretion of liquidator.458. The [Tribunal] may, by order, provide that the liquidator may exercise any of the powers referred to in sub-section (1) of without the sanction or intervention of the [Tribunal] :Provided always that the exercise by the liquidator of such powers shall be subject to the control of the [Tribunal].
99. Substituted for "Court" by the Companies (Second Amendment) Act, 2002, w.e.f. a date yet to be notified.
Powers of liquidator.457. (1) The liquidator in a winding up by the .... To read the full section download the app from Google Play store