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Companies Act Chapter XX
The Companies Act, 2013

Chapter XX Winding Up

Sections
96 · sections 270 to 365
Amended
19 of 96
  1. Section 270 Winding up by Tribunal 1 amendment
  2. Section 271 Circumstances in which company may be wound up by Tribunal 1 amendment
  3. Section 272 Petition for winding up 2 amendments
  4. Section 273 Powers of Tribunal
  5. Section 274 Directions for filing statement of affairs
  6. Section 275 Company Liquidators and their appointments 2 amendments
  7. Section 276 Removal and replacement of liquidator
  8. Section 277 Intimation to Company Liquidator, provisional liquidator and Registrar
  9. Section 278 Effect of winding up order
  10. Section 279 Stay of suits, etc., on winding up order
  11. Section 280 Jurisdiction of Tribunal 1 amendment
  12. Section 281 Submission of report by Company Liquidator
  13. Section 282 Directions of Tribunal on report of Company Liquidator
  14. Section 283 Custody of company’s properties
  15. Section 284 Promoters, directors, etc., to cooperate with Company Liquidator 1 amendment
  16. Section 285 Settlement of list of contributories and application of assets
  17. Section 286 Obligations of directors and managers
  18. Section 287 Advisory committee
  19. Section 288 Submission of periodical reports to Tribunal
  20. Section 289 [ ***]
  21. Section 290 Powers and duties of Company Liquidator
  22. Section 291 Provision for professional assistance to Company Liquidator
  23. Section 292 Exercise and control of Company Liquidator’s powers
  24. Section 293 Books to be kept by Company Liquidator
  25. Section 294 Audit of Company Liquidator’s accounts
  26. Section 295 Payment of debts by contributory and extent of set-off
  27. Section 296 Power of Tribunal to make calls
  28. Section 297 Adjustment of rights of contributories
  29. Section 298 Power to order costs
  30. Section 299 Power to summon persons suspected of having property of company, etc
  31. Section 300 Power to order examination of promoters, directors, etc
  32. Section 301 Arrest of person trying to leave India or abscond
  33. Section 302 Dissolution of company by Tribunal 2 amendments
  34. Section 303 Appeals from orders made before commencement of Act
  35. Section 304 Circumstances in which company may be wound up voluntarily [Omitted]
  36. Section 305 Declaration of solvency in case of proposal to wind up voluntarily [Omitted]
  37. Section 306 Meeting of creditors [Omitted]
  38. Section 307 Publication of resolution to wind up voluntarily [Omitted]
  39. Section 308 Commencement of voluntary winding up [Omitted]
  40. Section 309 Effect of voluntary winding up [Omitted]
  41. Section 310 Appointment of Company Liquidator [Omitted]
  42. Section 311 Power to remove and fill vacancy of Company Liquidator [Omitted]
  43. Section 312 Notice of appointment of Company Liquidator to be given to Registrar [Omitted]
  44. Section 313 Cesser of Board’s powers on appointment of Company Liquidator [Omitted]
  45. Section 314 Powers and duties of Company Liquidator in voluntary winding up [Omitted]
  46. Section 315 Appointment of committees [Omitted]
  47. Section 316 Company Liquidator to submit report on progress of winding up [Omitted]
  48. Section 317 Report of Company Liquidator to Tribunal for examination of persons [Omitted]
  49. Section 318 Final meeting and dissolution of company [Omitted]
  50. Section 319 Power of Company Liquidator to accept shares, etc., as consideration for sale of property of company [Omitted]
  51. Section 320 Distribution of property of company [Omitted]
  52. Section 321 Arrangement when binding on company and creditors [Omitted]
  53. Section 322 Power to apply to Tribunal to have questions determined, etc [Omitted]
  54. Section 323 Costs of voluntary winding up [Omitted]
  55. Section 324 Debts of all descriptions to be admitted to proof
  56. Section 325 [***]
  57. Section 326 Overriding preferential payments 1 amendment
  58. Section 327 Preferential payments 2 amendments
  59. Section 328 Fraudulent preference
  60. Section 329 Transfers not in good faith to be void 1 amendment
  61. Section 330 Certain transfers to be void
  62. Section 331 Liabilities and rights of certain persons fraudulently preferred
  63. Section 332 Effect of floating charge
  64. Section 333 Disclaimer of onerous property
  65. Section 334 Transfer, etc., after commencement of winding up to be void 1 amendment
  66. Section 335 Certain attachments, executions, etc., in winding up by Tribunal to be void
  67. Section 336 Offences by officers of companies in liquidation 1 amendment
  68. Section 337 Penalty for frauds by officers 1 amendment
  69. Section 338 Liability where proper accounts not kept
  70. Section 339 Liability for fraudulent conduct of business
  71. Section 340 Power of Tribunal to assess damages against delinquent directors, etc
  72. Section 341 Liability under sections 339 and 340 to extend to partners or directors in firms or companies
  73. Section 342 Prosecution of delinquent officers and members of company 2 amendments
  74. Section 343 Liquidator to exercise certain powers subject to sanction 1 amendment
  75. Section 344 Statement that company is in liquidation
  76. Section 345 Books and papers of company to be evidence
  77. Section 346 Inspection of books and papers by creditors and contributories
  78. Section 347 Disposal of books and papers of company 3 amendments
  79. Section 348 Information as to pending liquidations 3 amendments
  80. Section 349 Official Liquidator to make payments into public account of India
  81. Section 350 Company Liquidator to deposit monies into scheduled bank
  82. Section 351 Liquidator not to deposit monies into private banking account
  83. Section 352 Company Liquidation Dividend and Undistributed Assets Account
  84. Section 353 Liquidator to make returns, etc
  85. Section 354 Meetings to ascertain wishes of creditors or contributories
  86. Section 355 Court, tribunal or person, etc., before whom affidavit may be sworn
  87. Section 356 Powers of Tribunal to declare dissolution of company void 1 amendment
  88. Section 357 Commencement of winding up by Tribunal 1 amendment
  89. Section 358 Exclusion of certain time in computing period of limitation
  90. Section 359 Appointment of Official Liquidator
  91. Section 360 Powers and functions of Official Liquidator
  92. Section 361 Summary procedure for liquidation
  93. Section 362 Sale of assets and recovery of debts due to company
  94. Section 363 Settlement of claims of creditors by Official Liquidator
  95. Section 364 Appeal by creditor
  96. Section 365 Order of dissolution of company