Section 453 – The Companies Act,1956

The Companies Act, 1956

453. Receiver not to be appointed of assets with liquidator.

A receiver shall not be appointed of assets in the hands of a liquidator except by, or with the leave of, the 1[Tribunal].

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1. Subs. by Act 11 of 2003, sec. 66, for “Court”.

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The Companies Act, 1956

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