Section 344 of Companies Act, 2013 – Statement that company is in liquidation

  • Updated Till : December 06, 2024

SECTION 344. STATEMENT THAT COMPANY IS IN LIQUIDATION

[Effective from 15th December, 2016]

(1) Where a company is being wound up, whether by the Tribunal or voluntarily, every invoice, order for goods or business letter issued by or on behalf of the company or a Company Liquidator of the company, or a receiver or manager of the property of the company, being a document on or in which the name of the company appears, shall contain a statement that the company is being wound up.

(2) If a company contravenes the provisions of sub-section (1), the company, and every officer of the company, the Company Liquidator and any receiver or manager, who willfully authorises or permits the non-compliance, shall be punishable with fine which shall not be less than fifty thousand rupees but which may extend to three lakh rupees.

 

 

One response to “Section 344 of Companies Act, 2013 – Statement that company is in liquidation”

  1. Melinda Coon says:

    Hi corporatelawreporter.com owner, Your posts are always informative and well-explained.

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