Companies Act, 2013
Section - 276 - Removal and replacement of liquidator
Removal and replacement of liquidator. 276. (1) The Tribunal may, on a reasonable cause being shown and for reasons to be recorded in writing, remove the provisional liquidator or the Company Liquidator, as the case may be, as liquidator of the company on any of the following grounds, namely:-
| (a) | - | misconduct; |
| (b) | - | fraud or misfeasance; |
| (c) | - | professional incompetence or failure to exercise due care and diligence in performance of the powers and functions; |
| (d) | - | inability to act as provisional liquidator or as the case may be, Company Liquidator; |
| (e) | - | < .... To read the full section download the app from Google Play store
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