Section 278 of Companies Act, 2013 – Effect of winding up order

  • Updated Till : December 04, 2024

SECTION 278. EFFECT OF WINDING UP ORDER

[Effective from 15th December, 2016]

The order for the winding up of a company shall operate in favour of all the creditors and all contributories of the company as if it had been made out on the joint petition of creditors and contributories.

 

One response to “Section 278 of Companies Act, 2013 – Effect of winding up order”

  1. Dear corporatelawreporter.com administrator, Your posts are always well researched.

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