New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    According to the provisions of the Companies Act for the

    winding up of a company by the Tribunal, the Tribunal at the time of the passing of the order of winding up, shall ________________
    A Appoint a professional as the Company Liquidator Correct Answer Incorrect Answer
    B Appoint an Official Liquidator or a liquidator as the Company Liquidator Correct Answer Incorrect Answer
    C Appoint an Official Liquidator and a liquidator as the Company Liquidator Correct Answer Incorrect Answer
    D Appoint an Official Liquidator as the Company Liquidator on the recommendation of the Board of Directors Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Section 275. Company Liquidators and their appointments: (1) For the purposes of winding up of a company by the Tribunal, the Tribunal at the time of the passing of the order of winding up, shall appoint an Official Liquidator or a liquidator from the panel maintained under sub-section (2) as the Company Liquidator.

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