A liquidator is required to give written notice to the commissioner within ___ days of being appointed.
A. 14
B. 15
C. 30
D. 60
Detail of Mcqs:
Section 49A. Liquidators Sub Section (1): Every person (hereinafter referred to as a “liquidator”) who is:
(a) a liquidator of a company;
(b) a receiver appointed by a Court or appointed out of Court;
(c) a trustee for a bankrupt; or
(d) a mortgagee in possession,
shall, within fourteen days of being appointed or taking possession of an asset in Pakistan, whichever occurs first, give written notice thereof to the Collector.
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