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Winding Up Rules Rule 5
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The Companies (Winding Up) Rules, 2020

Rule 5 Admission of petition and directions as to advertisement

Chapter
II · Petition and Provisional Liquidator
Text as on
14 August 2026
5. Admission of petition and directions as to advertisement.- Upon filing of the petition, it shall be posted before the Tribunal for admission of the petition and fixing a date for the hearing thereof and for appropriate directions as to the advertisements to be published and the persons, if any, upon whom copies of the petition are to be served, and where the petition has been filed by a person other than the company, the Tribunal may, if it thinks fit, direct notice to be given to the company and give an opportunity of being heard, before giving directions as to the advertisement of the petition, if any, and the petitioner shall bear all costs of the advertisement.