Company Liquidator definition

Company Liquidator means a person appointed by the Tribunal as the Company Liquidator in accordance with the provisions of section 275 for the winding up of a company under this Act;]
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Company Liquidator means a person appointed by the Tribunal as the Company Liquidator in accordance with the provisions of section 275 for the winding up of a company under this Act"; (b) after clause (94), the following clause shall be inserted, namely:
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Company Liquidator means the Managing Member, or a Person appointed by the Managing Member, unless a Termination Event (other than a Termination Event listed in clauses (i) and (ii) of the definition of Termination Event) has occurred, in which case, the "Company Liquidator" shall mean CEA (regardless of whether CEA has elected to become the Managing Member) or any Person appointed as Company Liquidator by CEA. The Company Liquidator shall have the rights set forth in Section 18-803(b) of the Act and shall have the exclusive right, power and authority to effect the dissolution, winding up and liquidation of the Company. The actions of the Company Liquidator shall for all purposes be the actions of the Company.
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Examples of Company Liquidator in a sentence

  • Prior to conduct of due diligence/ site visits, the Liquidator may require the Bidder to execute confidentiality agreement with the Company/ Liquidator.

  • If any person required to assist or cooperate with the Company Liquidator under sub-section (1) does not assist or cooperate, the Company Liquidator may make an application to the Tribunal for necessary directions.

  • Where a Company Liquidator, who is an insolvency professional registered under the Insolvency and Bankruptcy Code, 2016 is in default in25 complying with the provisions of this section, then such default shall be deemed to be a contravention of the provisions of the said Code, and the rules and regulations made thereunder for the purposes of proceedings under Chapter VI of Part IV of that Code."; (b) sub-section (7) shall be omitted.

  • Power of Company Liquidator to accept shares, etc., as consideration for sale of property of company.320.

  • The Tribunal may appoint Provisional Liquidator or the Company Liquidator from a panel maintained by the Central Government consisting of Company Secretaries, Chartered Accountants, Advocates and Cost Accountants.

  • When the affairs of a company have been completely wound up and it is about to be dissolved, the books and papers of such company and those of the Company Liquidator may be disposed of in such manner as the Tribunal directs.".

  • The Company Liquidator shall convene a meeting of creditors and contributories, as ascertained from the books and documents, of the company within thirty days from the date of order of winding up for enabling the Tribunal to determine the persons who may be members of the advisory committee.

  • Further, a Company Liquidator who is found guilty of professional or other misconduct under the respective laws governing the profession to which he belongs, shall vacate his office, and for the purposes of the application of the Act and the Rules, he shall be deemed to have been removed.

  • There shall also be an order for discarding the books and papers of the company and relieving the Company Liquidator.

  • The Tribunal may, while passing an order of winding up of a company, direct that there shall be, an advisory committee to advise the Company Liquidator and to report to the Tribunal on such matters as the Tribunal may direct.


More Definitions of Company Liquidator

Company Liquidator means CEA (regardless of whether CEA has elected to become the Managing Member) or any Person appointed as Company Liquidator by CEA. The Company Liquidator shall have the rights set forth in Section 18-803(b) of the Act and shall have the exclusive right, power and authority to effect the dissolution, winding up and liquidation of the Company. The actions of the Company Liquidator shall for all purposes be the actions of the Company.
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Company Liquidator has the meaning set forth in Section 11.6 of the Agreement.
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Related to Company Liquidator

  • Liquidator has the meaning set forth in Section 13.2.A hereof.

  • self-liquidating paper means any draft, xxxx of exchange, acceptance or obligation which is made, drawn, negotiated or incurred by the Company for the purpose of financing the purchase, processing, manufacturing, shipment, storage or sale of goods, wares or merchandise and which is secured by documents evidencing title to, possession of, or a lien upon, the goods, wares or merchandise or the receivables or proceeds arising from the sale of the goods, wares or merchandise previously constituting the security, provided the security is received by the Trustee simultaneously with the creation of the creditor relationship with the Company arising from the making, drawing, negotiating or incurring of the draft, xxxx of exchange, acceptance or obligation.

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Sub-Manager Any Person with which the Property Manager or the Special Servicer has entered into a Sub-Management Agreement.

  • appointed member means a member referred to in section 5(1)(a) or (b);

  • Distressed Person has the meaning set forth in the definition of “Lender-Related Distress Event.”

  • Deputy sheriff means any person who is commissioned and employed as a full-time peace officer by the sheriff of any county, and has been so employed since on or before December 31, 1965; any person who is or has been commissioned and employed as a peace officer by the sheriff of any county since January 1, 1966, and who has received a certificate attesting to the person's satisfactory completion of the peace officer training school as required by section 109.77 of the Revised Code; or any person deputized by the sheriff of any county and employed pursuant to section 2301.12 of the Revised Code as a criminal bailiff or court constable who has received a certificate attesting to the person's satisfactory completion of the peace officer training school as required by section 109.77 of the Revised Code.

  • Plug-in Hybrid Electric Vehicle (PHEV) means a vehicle that is similar to a Hybrid but is equipped with a larger, more advanced battery that allows the vehicle to be plugged in and recharged in addition to refueling with gasoline. This larger battery allows the car to be driven on a combination of electric and gasoline fuels.

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • In light liquid service means that the piece of equipment in VOC service either (1) contains a liquid that meets all of the conditions in definition A; or (2) meets the condition specified in definition B:

  • Shareholders’ Representative has the meaning set forth in the Preamble.

  • CFPC means the College of Family Physicians of Canada.

  • ISA Manager means Investec Bank plc.

  • Member Representative means an individual who can make OHP-related decisions for a member who is not able to make such decisions themselves.

  • Curator means any person who is authorized to act under letters of curatorship granted or signed and sealed by a Master, or under an endorsement made under section seventy-two;

  • Receiver means a receiver or receiver and manager or administrative receiver of the whole or any part of the Charged Property.

  • Shareholder Representative has the meaning set forth in the preamble.

  • Holders’ Representative means the representative of the Holders named in the preamble, until a successor Holders’ Representative shall have become such pursuant to the applicable provisions of this Agreement, and thereafter “Holders’ Representative” shall mean such successor Holders’ Representative.

  • Stockholders’ Representative has the meaning set forth in the Preamble.

  • Portfolio Supervisor means First Trust Advisors L.P. and its successors in interest, or any successor portfolio supervisor appointed as hereinafter provided." Section 1.01 (26) shall be added to read as follows:

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

  • Presiding Member means the presiding member of a committee or the deputy presiding member, or a member of the committee when performing a function of the presiding member in accordance with the Act;

  • Management Representative means an individual designated to hear grievances on behalf of the University.

  • Manager has the meaning set forth in 2.1.

  • Member of the clergy means a clergyman or practitioner of any religious denomination accredited by the religious body to which he or she belongs.

  • Management Agent means the property management company which oversees the property management functions for the Apartment Housing and which is on-site at the Apartment Housing. The initial Management Agent shall be Xxxxxxxx Valley Management, Inc.