Section 365 of Companies Act, 2013 – Order of dissolution of company

  • Updated Till : November 15, 2018

SECTION 365. ORDER OF DISSOLUTION OF COMPANY

[Effective from 15th December, 2016]

(1) The Official Liquidator shall, if he is satisfied that the company is finally wound up, submit a final report to—

(i)   the [1] [Central Government], in case no reference was made to the Tribunal under sub-section (4) of section 364; and

(ii)   in any other case, the [1] [Central Government] and the Tribunal.

(2) The [1] [Central Government], or as the case may be, the Tribunal on receipt of such report shall order that the company be dissolved.

(3) Where an order is made under sub-section (2), the Registrar shall strike off the name of the company from the register of companies and publish a notification to this effect.

[1] Powers of Central Government delegated to Regional Director vide Notification No. No. S.O. 4090(E) dated 19th December, 2016.

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