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Companies Act, 1956

Sec 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.

Companies Act, 1956 Back

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