Cesser of Board’s Powers on Appointment of Company Liquidator
[Omitted]
Amendment
1. (a) Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. – Original Content
Original Omitted Content– 313. On the appointment of a Company Liquidator, all the powers of the Board of Directors and of the managing or whole-time Directors and manager, if any, shall cease, except for the purpose of giving notice of such appointment of the Company Liquidator to the Registrar.
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