Can a Practising CS or CA be appointed as Liquidator in Members Voluntary Winding Up? Whether any empanelment is required with some authority?
Nirav Gala (Company Secretary) (28 Points)
12 October 2010Can a Practising CS or CA be appointed as Liquidator in Members Voluntary Winding Up? Whether any empanelment is required with some authority?
SUNIL KUMAR JAIN
(PRACTISING COMPANY SECRETARY)
(187 Points)
Replied 12 October 2010
Dear Mr. Nirav Gala,
I am a Practising Company Secretary; Presently I am acting as Liquidator for three Companies under Members Voluntary Winding Up . Please note that there is no requirement for registration/ empanelment with any authority . Shareholders are to appoint the Liquidator by passing a Special resolution.
Regards,
Sunil K. Jain, FCS, AICWA, BAL
Practising Company Secretary,
skj13 @ rediffmail.com, 9810104162
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