Tribunal] may appoint the Official Liquidator
to be liquidator provisionally.
(2) Before appointing a provisional Liquidator,
the Tribunal shall give notice to the company ... official liquidator as a provisional liquidator and an advocate as a
provisional liquidator must be viewed differently. When an official
liquidator is appointed
have an
opportunity of being heard before the order appointing
Provisional Liquidator was passed by the Company Judge,
because as pointed out above, their applications ... Court on 30th September 1981. The
result was that the order appointing Provisional Liquidator
of the company came to be made by the Company Judge
appointed official Liquidator to be the
provisional Liquidator. Sec. 450 (1) of the Companies Act
confers power on the Company Court to appoint official
Liquidator ... Liquidator as provisional Liquidator of the Company
even before making the winding up order. If ultimately
winding up order is made, the official Liquidator acts
disallowed the
application for appointment of Receiver in view of the stay
of appointment of provisional Liquidator granted by a
Division Bench of the Bombay ... Judges
order appointing provisional Liquidator was stayed on
12.8.1997 in SLP 14750/1997 and it was further ordered that
the provisional Liquidator shall not take
order
of winding up was made and the liquidator or the provisional liquidator has
been appointed and all the steps as provided in Sections ... order has been
made or where a provisional liquidator has been appointed the liquidator or
the provisional liquidator, as the case may be, shall take
appointed
Official Liquidator to be the Provisional Liquidator.
Section 450(1) of the Companies Act confers power on
the Company Court to appoint Official Liquidator ... auction held by the
Official Liquidator. It is not in dispute that no Provisional Liquidator was
appointed. The court may have an inherent power
winding up order has been passed nor a provisional
liquidator appointed as contemplated by section 446(1) .
Point has been raised by the respondent - Canara ... event of a winding up order or other
order appointing a provisional liquidator being passed under
section 446(1) of the Companies Act, 1956. After
autho-
rised officer to be the Rehabilitation Administrator. [620H]
2.2 The Provisional Liquidator appointed by the High
Court shall hand over to the Administrator ... commercial back-
ground
621
to be the Rehabilitation Administrator.
2. The Provisional Liquidator appointed by the High Court of
Patna shall hand over
make any interim order as it
thinks fit; to appoint a provisional liquidator of the company till the
making of a winding up order ... When a winding-up order has been passed or a
provisional liquidator has been appointed, no suit or other
legal proceeding shall be commenced
Official Liquidator was appointed its liquidator. Earlier on May 1, 1959 the Official Liquidator had been appointed by the High Court its provisional liquidator ... order has been made or the Official Liquidator has been appointed as provisional liquidator, no suit or other legal proceeding shall be commenced