Section - 506 - Power to fill vacancy in office of liquidator
Power to fill vacancy in office of liquidator.506. If a vacancy occurs by death, resignation or otherwise, in the office of a liquidator (other than a liquidator appointed by, or by the direction of, the [Tribunal]), the creditors in general meeting may fill the vacancy.
60. Substituted for "Court" by the Companies (Second Amendment) Act, 2002, w.e.f. a date yet to be notified.
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