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(1) The Company
Liquidator may, with the sanction of the Tribunal, appoint one or more chartered accountants or company
secretaries or cost accountants or legal practitioners or such other professionals on such terms and
conditions, as may be necessary, to assist him in the performance of his duties and functions under this
Act.
(2) Any person appointed under this section shall disclose forthwith to the Tribunal in the prescribed
form any conflict of interest or lack of independence in respect of his appointment.
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