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Question
The person who helps the court to complete the liquidation proceeding is the official liquidator.
The person who helps the court to complete the liquidation proceeding is the official liquidator.
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Solution
The correct option is A True
The official liquidator is the person appointed by the central government under section 275 of the Companies Act, 2013 and required by various courts for the supervision of the functioning of the liquidation process on behalf of the Central Government. He also ensures to perform his duties truly and also observe all the requirements imposed on him. Official Liquidator act under the guidance of Companies Act, 2013, and deals with all the compliances required for the Compulsory winding up of the Company.Thus the correct answer is A.
The official liquidator is the person appointed by the central government under section 275 of the Companies Act, 2013 and required by various courts for the supervision of the functioning of the liquidation process on behalf of the Central Government. He also ensures to perform his duties truly and also observe all the requirements imposed on him. Official Liquidator act under the guidance of Companies Act, 2013, and deals with all the compliances required for the Compulsory winding up of the Company.
Thus the correct answer is A.
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