Section 360 of Companies Act, 2013 – Powers and functions of Official Liquidator

  • Updated Till : April 03, 2020

SECTION 360. POWERS AND FUNCTIONS OF OFFICIAL LIQUIDATOR

[Effective from 15th December, 2016]

(1) The Official Liquidator shall exercise such powers and perform such duties as the Central Government may prescribe.

(2) Without prejudice to the provisions of sub-section (1), the Official Liquidator may—

(a)   exercise all or any of the powers as may be exercised by a Company Liquidator under the provisions of this Act; and

(b)   conduct inquiries or investigations, if directed by the Tribunal or the Central Government, in respect of matters arising out of winding up proceedings.

 

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates


Warning: Unknown: open(/tmp/sess_64aaf81726191568a2b688cb99e31639, O_RDWR) failed: No space left on device (28) in Unknown on line 0

Warning: Unknown: Failed to write session data (files). Please verify that the current setting of session.save_path is correct () in Unknown on line 0