Question

difference between company liquidator and provisional liquidator

Answer 1

The key difference on a day to day basis between the appointment of a provisional liquidator and a liquidator is a provisional liquidator is only required to investigate the company's affairs in so far as it is necessary to discover, protect and recover assets. ... This is not the case in a provisional liquidation.

Answer 2

The provisional liquidator protects and manages the working and the various assets of the company till the hearing of the winding of the company.

The company liquidator is main person who has the job of winding up of the company in accordance with companies act and instructions by the court

Explanation:

Provisional liquidator

• The Provisional Liquidator is appointed by the court and they have the  responsibility of managing and protecting the different 'assets 'and the various working activities of the company.
• The provisional liquidator are supposed to manage the working of the company till the the period of hearing of the court for 'winding the company'.

Company liquidator

• The company liquidator is the main official liquidator appointed by the "high court" from the period of the order taken out for winding the company.
• The company liquidator works according to the legislation provided by the companies act for winding of the company in accordance of the directives given by the high court

To know more about company liquidator

What is Company Limited By Shares and Company Liquidator?

https://brainly.in/question/5624626