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Appintment of Liquidator

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(Querist)
04 May 2011 Can the director of the company be appointed as the Liquidator of the company in case of Voluntary Winding up? Pls Support your answer by referring to the respective Section/rules it applies to.
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Pravin Gupta CS

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Pravin Gupta CS (Expert)
04 May 2011 no, the director cannot be appointed as a liquidator of the company.. a special person who is not associate with the company.
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