Section - 276, Companies Act, 2013 Removal and replacement of liquidator. 276. (1) The Tribunal may, on a reasonable cause being shown and for reasons to be recorded in writing, remove the provisional liquidator or the Company Liquidator, as the case may be, as liquidator of the company on any of the following grounds, namely:— (a)…...
Company Liquidators and their appointments. Section – 275, Companies Act, 2013
Section - 275, Companies Act, 2013 Company Liquidators and their appointments. 275. (1) For the purposes of winding up of a company by the Tribunal, the Tribunal at the time of the passing of the order of winding up, shall appoint an Official Liquidator or a liquidator from the panel maintained under sub-section (2) as the…...
Directions for filing statement of affairs. Section – 274, Companies Act, 2013
Section - 274, Companies Act, 2013 Directions for filing statement of affairs. 274. (1) Where a petition for winding up is filed before the Tribunal by any person other than the company, the Tribunal shall, if satisfied that a prima facie case for winding up of the company is made out, by an order direct the company to…...
Powers of Tribunal. Section – 273, Companies Act, 2013
Section - 273, Companies Act, 2013 Powers of Tribunal. 273. (1) The Tribunal may, on receipt of a petition for winding up under pass any of the following orders, namely:— (a) dismiss it, with or without costs; (b) make any interim order as it thinks fit; (c) appoint a provisional liquidator of the company till the…...
[Petition for winding up. Section – 272, Companies Act, 2013
Section - 272, Companies Act, 2013 [Petition for winding up. 272. (1) Subject to the provisions of this section, a petition to the Tribunal for the winding up of a company shall be presented by— (a) the company; (b) any contributory or contributories; (c) all or any of the persons specified in clauses (a) and (b);…...
[ Circumstances in which company may be wound up by Tribunal. Section – 271, Companies Act, 2013
Section - 271, Companies Act, 2013 PART I WINDING UP BY THE TRIBUNAL [ Circumstances in which company may be wound up by Tribunal. 271. A company may , on a petition under , be wound up by the Tribunal,— (a) if the company has, by special resolution, resolved that the company be wound up by the Tribunal;…...
Appeal to Tribunal . Section – 252, Companies Act, 2013
Section - 252, Companies Act, 2013 Appeal to Tribunal . 252. (1) Any person aggrieved by an order of the Registrar, notifying a company as dissolved under , may file an appeal to the Tribunal within a period of three years from the date of the order of the Registrar and if the Tribunal is of the…...
Fraudulent application for removal of name. Section – 251, Companies Act, 2013
Section - 251, Companies Act, 2013 Fraudulent application for removal of name. 251. (1) Where it is found that an application by a company under sub- section (2) of has been made with the object of evading the liabilities of the company or with the intention to deceive the creditors or to defraud any other persons,…...
Effect of company notified as dissolved. Section – 250, Companies Act, 2013
Section - 250, Companies Act, 2013 Effect of company notified as dissolved. 250. Where a company stands dissolved under , it shall on and from the date mentioned in the notice under sub-section (5) of that section cease to operate as a company and the Certificate of Incorporation issued to it shall be deemed to have…...
Restrictions on making application under in certain situations. Section – 249, Companies Act, 2013
Section - 249, Companies Act, 2013 Restrictions on making application under in certain situations. 249. (1) An application under sub-section (2) of on behalf of a company shall not be made if, at any time in the previous three months, the company— (a) has changed its name or shifted its registered office from one State to…...