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Official Liquidator

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(Querist)
16 August 2007 Can Statutory auditor of a company be appointed as official liquidator of the same company in liquidation ?
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Munish K Sharma

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Munish K Sharma (Expert)
17 August 2007 NO! OL are officers of Central Govt attached to various High Courts and they work under administrartive control of Regional Directors. For details refer to Section 448 of the Companies Act, 1956
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