law: Companies Act, 2013 
  259.
  
    Appointment
  
  of administrator.
  1.      The interim
  
  administrator or the company administrator, as the case may be, shall be
  
  appointed by the Tribunal from a databank maintained by the Central Government
  
  or any institute or agency authorised by the Central Government in a manner as
  
  may be prescribed consisting of the names of company secretaries, chartered
  
  accountants, cost accountants and such other professionals as may, by
  
  notification, be specified by the Central Government.
  2.      The terms and
  
  conditions of the appointment of interim and company administrators shall be
  
  such as may be ordered by the Tribunal.
  3.      The Tribunal may
  
  direct the company administrator to take over the assets or management of the
  
  company and for the purpose of assisting him in the management of the company,
  
  the company administrator may, with the approval of the Tribunal, engage the
  
  services of suitable expert or experts.