Section - 360, Companies Act, 2013 Powers and functions of Official Liquidator. 360. (1) The Official Liquidator shall exercise such powers and perform such duties as the Central Government may prescribe. (2) Without prejudice to the provisions of sub-section (1), the Official Liquidator may— (a) exercise all or any of the powers as may be exercised…...
Appointment of Official Liquidator. Section – 359, Companies Act, 2013
Section - 359, Companies Act, 2013 PART IV OFFICIAL LIQUIDATORS Appointment of Official Liquidator. 359. (1) For the purposes of this Act, so far as it relates to the winding up of companies by the Tribunal, the Central Government may appoint as many Official Liquidators, Joint, Deputy or Assistant Official Liquidators as it may consider necessary…...
Exclusion of certain time in computing period of limitation. Section – 358, Companies Act, 2013
Section - 358, Companies Act, 2013 Section - 358, Companies Act, 2013 Exclusion of certain time in computing period of limitation. 358. Notwithstanding anything in the Limitation Act, 1963 (36 of 1963), or in any other law for the time being in force, in computing the period of limitation specified for any suit or application in…...
Powers of Tribunal to declare dissolution of company void. Section – 356, Companies Act, 2013
Section - 356, Companies Act, 2013 Powers of Tribunal to declare dissolution of company void. 356. (1) Where a company has been dissolved, whether in pursuance of this Chapter or of section 232 or otherwise, the Tribunal may at any time within two years of the date of the dissolution, on application by the Company Liquidator…...
Court, Tribunal or person, etc., before whom affidavit may be sworn. Section – 355, Companies Act, 2013
Section - 355, Companies Act, 2013 Court, Tribunal or person, etc., before whom affidavit may be sworn. 355. (1) Any affidavit required to be sworn under the provisions, or for the purposes, of this Chapter may be sworn— (a) in India before any court, tribunal, judge or person lawfully authorised to take and receive affidavits; and…...
Meetings to ascertain wishes of creditors or contributories. Section – 354, Companies Act, 2013
Section - 354, Companies Act, 2013 Meetings to ascertain wishes of creditors or contributories. 354. (1) In all matters relating to the winding up of a company, the Tribunal may— (a) have regard to the wishes of creditors or contributories of the company, as proved to it by any sufficient evidence; (b) if it thinks fit…...
Liquidator to make returns, etc. Section – 353, Companies Act, 2013
Section - 353, Companies Act, 2013 Liquidator to make returns, etc. 353. (1) If any Company Liquidator who has made any default in filing, delivering or making any return, account or other document, or in giving any notice which he is by law required to file, deliver, make or give, fails to make good the default…...
Company Liquidation Dividend and Undistributed Assets Account. Section – 352, Companies Act, 2013
Section - 352, Companies Act, 2013 Company Liquidation Dividend and Undistributed Assets Account. 352. (1) Where any company is being wound up and the liquidator has in his hands or under his control any money representing— (a) dividends payable to any creditor but which had remained unpaid for six months after the date on which they were…...
Company Liquidator to deposit monies into scheduled bank. Section – 350, Companies Act, 2013
Section - 350, Companies Act, 2013 Company Liquidator to deposit monies into scheduled bank. 350. (1) Every Company Liquidator of a company shall, in such manner and at such times as may be prescribed, deposit the monies received by him in his capacity as such in a scheduled bank to the credit of a special bank…...
Official Liquidator to make payments into public account of India. Section – 349, Companies Act, 2013
Official Liquidator to make payments into public account of India. 349. Every Official Liquidator shall, in such manner and at such times as may be prescribed, pay the monies received by him as Official Liquidator of any company, into the public account of India in the Reserve Bank of India...