Companies Act, 1956
527. Appointment in certain cases of voluntary Liquidators to office of Liquidators .-
[ Omitted by the Companies (Second Amendment
company by the name of National Planners Limited represented by its voluntary liquidator Shri Hardit Singh Giani. The respondent Company was incorporated in 1946 under ... Managing Director of the said company. The company went into voluntary liquidation on 26-10-1953 and Shri Hardit Singh Giani was appointed as voluntary
went into members' voluntary liquidation. In the year of account and in the course of liquidation proceedings the voluntary liquidators distributed the assets ... assets of the three private companies under liquidation by the liquidators in the members' voluntary winding up to the assessee, there has resulted capital
Grahams Group of Companies Ltd., Hungerford Investment Trust Ltd. (in voluntary liquidation) and Turner Morrison & Co. Ltd. Turner Morrison ... this suit in this Court and Hungerford Investment Trust Ltd. (in voluntary liquidation) is the defendant in this suit Mr. Hoon is said inter alia
final winding-up by the voluntary liquidator was filed with the official liquidator on December 14, 1967. The voluntary liquidator furnished all the records available ... liquidator may sanction the continuance thereof. The court is empowered under Section 515 to appoint and remove a liquidator in a voluntary winding
individual name. The Official Liquidator derives his appointment from the Court whereas the liquidator appointed in the case of a voluntary winding up derives ... take in not only the Official Liquidator but also other liquidators such as a liquidator appointed in voluntary winding up. There is no reason
voluntary liquidator. The Registrar of Companies, Jalandhar, informed the official liquidator that certain irregularities in liquidation proceedings under the voluntary liquidator were being committed ... voluntary liquidator to the official liquidator. As already noticed, vide exhibit R.W.-1/2 the voluntary liquidator had received records from the respondents
institution of the suit without
disclosing that the plaintiff was in voluntary liquidation and the presentation
of the suit by an authorised representative instead ... submission was that the plaintiff suppressed
material facts relating to the voluntary liquidation. Therefore, the plaintiff is
not entitled to equitable relief. Learned senior counsel
Voluntary Liquidator, Linsen Finance ... vs Aknar Dawood Ali Kassam Nathoo And Ors. on 20 April, 1978
Equivalent citations: [1982]52COMPCAS503(AP)
JUDGMENT
Madhava Reddy ... voluntary liquidator, Linsen Finance & Trading Co. Pvt. Ltd., Hyderabad (in liquidation), hereinafter referred to as "the voluntary liquidator", to direct the respondents
liquidation, but they may be continued or renewed by the liquidator or by a general meeting of members or in a creditors' voluntary winding ... general meeting or by the liquidator. Under Section 512(1)(b) of the Act the liquidator in a voluntary liquidation exercises the same powers