Section - 285, Companies Act, 2013 Settlement of list of contributories and application of assets. 285. (1) As soon as may be after the passing of a winding up order by the Tribunal, the Tribunal shall settle a list of contributories, cause rectification of register of members in all cases where rectification is required in pursuance…...
Promoters, directors, etc., to co-operate with Company Liquidator. Section – 284, Companies Act, 2013
Section - 284, Companies Act, 2013 Promoters, directors, etc., to co-operate with Company Liquidator. 284. (1) The promoters, directors, officers and employees, who are or have been in employment of the company or acting or associated with the company shall extend full co-operation to the Company Liquidator in discharge of his functions and duties. [(2) If…...
Custody of company’s properties. Section – 283, Companies Act, 2013
Section - 283, Companies Act, 2013 Custody of company's properties. 283. (1) Where a winding up order has been made or where a provisional liquidator has been appointed, the Company Liquidator or the provisional liquidator, as the case may be, shall, on the order of the Tribunal, forthwith take into his or its custody or control…...
Directions of Tribunal on report of Company Liquidator. Section – 282, Companies Act, 2013
Section - 282, Companies Act, 2013 Directions of Tribunal on report of Company Liquidator. 282. (1) The Tribunal shall, on consideration of the report of the Company Liquidator, fix a time limit within which the entire proceedings shall be completed and the company be dissolved: Provided that the Tribunal may, if it is of the opinion, at…...
Submission of report by Company Liquidator. Section – 281, Companies Act, 2013
Section - 281, Companies Act, 2013 Submission of report by Company Liquidator. 281. (1) Where the Tribunal has made a winding up order or appointed a Company Liquidator, such liquidator shall, within sixty days from the order, submit to the Tribunal, a report containing the following particulars, namely:— (a) the nature and details of the assets…...
[ Jurisdiction of Tribunal. Section – 280, Companies Act, 2013
Section - 280, Companies Act, 2013 [ Jurisdiction of Tribunal. 280. The Tribunal shall, notwithstanding anything contained in any other law for the time being in force, have jurisdiction to entertain, or dispose of,— (a) any suit or proceeding by or against the company; (b) any claim made by or against the company, including claims by or against any…...
Stay of suits, etc., on winding up order . Section – 279, Companies Act, 2013
Section - 279, Companies Act, 2013 Stay of suits, etc., on winding up order . 279. (1) When a winding up order has been passed or a provisional liquidator has been appointed, no suit or other legal proceeding shall be commenced, or if pending at the date of the winding up order, shall be proceeded with, by or against…...
Effect of winding up order. Section – 278, Companies Act, 2013
Section - 278, Companies Act, 2013 Effect of winding up order. 278. 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...
Intimation to Company Liquidator, provisional liquidator and Registrar. Section – 277, Companies Act, 2013
Section - 277, Companies Act, 2013 Intimation to Company Liquidator, provisional liquidator and Registrar. 277. (1) Where the Tribunal makes an order for appointment of provisional liquidator or for the winding up of a company, it shall, within a period not exceeding seven days from the date of passing of the order, cause intimation thereof to…...
Intimation to Company Liquidator, provisional liquidator and Registrar. Section – 277, Companies Act, 2013
Section - 277, Companies Act, 2013 Intimation to Company Liquidator, provisional liquidator and Registrar. 277. (1) Where the Tribunal makes an order for appointment of provisional liquidator or for the winding up of a company, it shall, within a period not exceeding seven days from the date of passing of the order, cause intimation thereof to…...