Bare ActsCompanies Act, 1956

Section 506

Power to fill vacancy in office of liquidator

Amendment status not verified — confirm the current text below against the official source.

If a vacancy occurs by death, resignation or otherwise, in the office of a liquidator (other than a liquidator appointed by, or by the direction of the [Tribunal]), the creditors in general meeting, may fill the vacancy.

Section 506 – Companies Act, 1956 | DailyLaw.ai