Section - 489 - Provisions applicable to a members’ voluntary winding up
Provisions applicable to a members’ voluntary winding upProvisions applicable to a members’ voluntary winding up.489. The provisions contained in to , both inclusive, shall subject to the provisions of , apply in relation to a members’ voluntary winding up.
Power of company to appoint and fix remuneration of liquidators.490. (1) The company in general meeting shall— (a) appoint one or more liquidators for the purpose of winding up the affairs and distributing the assets of the company; and (b) fix the remuneration, if any, to be paid to the liquidator or liquidators.(2) Any remuneration so fixed .... To read the full section download the app from Google Play store
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