Home Acts & Rules Companies Law Old_Provisions Companies Act, 1956 Chapters List Chapter VII WINDING UP This
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Section 525 - Powers and obligations of liquidator appointed by court. - Companies Act, 1956Extract Powers and obligations of liquidator appointed by court. [1] [525. Omitted by the Companies (Second Amendment) Act, 2002, yet to be notified.] ---------------------------------------- Notes:- [1] Prior to omission, section 525, 526 and 527 it read as under: "525. Powers and obligations of liquidator appointed by court. A liquidator appointed by the Court under section 524 shall have the same powers, be subject to the same obligations, and in all respects stand in the same position, as if he had been duly appointed in accordance with the provisions of this Act with respect to the appointment of liquidators in a voluntary winding up."
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