Companies Act, 1956
Sec 527 -Appointment in certain cases of voluntary
liquidators to office of liquidators.
Where an order has been made for winding up a company subject to
supervision, and an order is afterwards made for winding up by the Court, the
Court may, by the last-mentioned or any subsequent order, appoint any person or
persons who are then liquidators, either provisionally or permanently, to be
liquidator or liquidators in the winding up by the Court in addition to, and
subject to the control of, the Official Liquidator.