Section 274 of Companies Act, 2013 – Directions for filing statement of affairs
SECTION 274. DIRECTIONS FOR FILING STATEMENT OF AFFAIRS [Effective from 15th December, 2016] (1) Where a petition for winding up is filed before the Tribunal by any person other than the company, the Tribunal shall, if satisfied that a prima facie case for winding up of the company is made out, by an order direct… Read More
Section 273 of Companies Act, 2013 – Powers of Tribunal
SECTION 273. POWERS OF TRIBUNAL [Effective from 15th December, 2016] (1) The Tribunal may, on receipt of a petition for winding up under section 272 pass any of the following orders, namely:— (a) dismiss it, with or without costs; (b) make any interim order as it thinks fit; (c) appoint a provisional liquidator of the… Read More
Section 272 of Companies Act, 2013 – Petition for winding up
SECTION 272. PETITION FOR WINDING UP [Effective from 15th December, 2016] [1] [(1)Subject to the provisions of this section, a petition to the Tribunal for the winding up of a company shall be presented by— (a) the company; (b) any contributory or contributories; (c) all or any of the persons specified in… Read More
Section 271 of Companies Act, 2013 – Circumstances in which company may be wound up by Tribunal
SECTION 271. CIRCUMSTANCES IN WHICH COMPANY MAY BE WOUND UP BY TRIBUNAL [Effective from 15th December, 2016] A company may, on a petition under section 272, be wound up by the Tribunal,— [1] [(a) if the company has, by special resolution, resolved that the company be wound up by the Tribunal; (b) if the company… Read More
Section 270 of Companies Act, 2013 – Modes of winding up
SECTION 270. MODES OF WINDING UP [Effective from 15th December, 2016] [1] [The provisions of Part I shall apply to the winding up of a company by the Tribunal under this Act.] Applicable Rules Companies (Winding Up) Rules, 2020 [Effective from 1st April, 2020] PART 1 GENERAL Rule 2. Definitions Rule 2. Definitions.—In these rules,… Read More
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