Section 5: Appointment of Liquidator

Q: What does Section 5 of The IBBI (Voluntary Liquidation Process) Regulations, 2017 (TIVLPR) deal with?

Section 5 TIVLPR pertains to "Appointment of Liquidator". It is part of the The IBBI (Voluntary Liquidation Process) Regulations, 2017, a legislation enacted by the Parliament of India. Section 5 of The IBBI (Voluntary Liquidation Process) Regulations, 2017 (TIVLPR) governs appointment of Liquidator. As verified on 19 May 2026.

Q: Is Section 5 TIVLPR still in force?

Yes, Section 5 of the The IBBI (Voluntary Liquidation Process) Regulations, 2017 is currently in force across the Republic of India.

Q: What is धारा 5 TIVLPR?

धारा 5 TIVLPR is the Devanagari Hindi reference for Section 5 of the The IBBI (Voluntary Liquidation Process) Regulations, 2017. Section 5 of The IBBI (Voluntary Liquidation Process) Regulations, 2017 (TIVLPR) governs appointment of Liquidator. As verified on 19 May 2026.

Q: What is Dhara 5 TIVLPR?

Dhara 5 TIVLPR is the Roman Hindi reference for Section 5 of the The IBBI (Voluntary Liquidation Process) Regulations, 2017. "Dhara" means "Section" in Hindi. Section 5 of The IBBI (Voluntary Liquidation Process) Regulations, 2017 (TIVLPR) governs appointment of Liquidator. As verified on 19 May 2026.

Q: How to cite Section 5 of The IBBI (Voluntary Liquidation Process) Regulations, 2017?

Cite as: "Section 5, The IBBI (Voluntary Liquidation Process) Regulations, 2017 (TIVLPR)" in legal briefs. For academic writing, use the BlueBook format: The IBBI (Voluntary Liquidation Process) Regulations, 2017, § 5 (India).

Law on Tips Editorial Board

(1)

An insolvency professional shall not be appointed by a corporate person if he is not eligible under Regulation 6.

(2)

The resolution passed under regulation 3(2)(c) or under section 59(3)(c), as the case may be, shall contain the terms and conditions of the appointment of the liquidator, including the remuneration payable to him.