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WINDING UP BY TRIBUNAL

Proper winding up of a company is certainly more important than its incorporation. The ghost of a company should not haunt after attaining or discarding objects of the company. MODES OF WINDING – UP...

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COMPANY LIQUIDATOR and WINDING UP ORDER

In last post we discussed some provisions related to winding up by the Tribunal. In this post we will focus on Company liquidator. We will continue to discuss about winding in some future posts....

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WINDING UP BY THE TRIBUNAL – 2

In recent post we have discussed Winding up by Tribunal, Company liquidator and winding up order. We continue provisions related to winding up of a company by Tribunal in this post. SUBMISSION OF...

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WINDING UP BY THE TRIBUNAL – 3

In recent post we have discussed Winding up by Tribunal, Company Liquidators and winding up order, Report of Liquidators, Directions and other procedures. We continue provisions related to winding up...

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POWER AND DUTIES OF COMPANY LIQUIDATORS AND THEIR BOOKS

In recent post we have discussed Winding up by Tribunal, Company Liquidators and winding up order, Report of Liquidators, Directions, other procedures and dissolution of company. We continue provisions...

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WINDING UP BY THE TRIBUNAL – 4

In recent post we have discussed Winding up by Tribunal, Company Liquidators and winding up order, Report of Liquidators, Directions, other procedures and dissolution of company. We continue provisions...

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VOLUNTARY WINDING UP

As we discussed as per section 270 of the Companies Act, 2013, the winding up of a company may be either – by the Tribunal; or Voluntary. CIRCUMSTANCES IN WHICH COMPANY MAY BE WOUND UP VOLUNTARILY...

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COMPANY LIQUIDATOR IN VOLUNTARY WINDING UP

In continuation of our discussion about voluntary winding up, we will discuss on company liquidator in voluntary winding up. APPOINTMENT OF COMPANY LIQUIDATOR (SECTION 310): The company in its general...

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GENERAL PROVISIONS RELATING TO WINDING UP – 1

Now, we will discuss general provisions related to winding up applicable to every mode of winding up. DEBTS OF ALL DESCRIPTIONS TO BE ADMITTED TO PROOF (SECTION 324): In every winding up (subject, in...

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GENERAL PROVISIONS RELATING TO WINDING UP – 2

We will continue to discuss general provisions relating to winding up in this post also. OFFENCE BY OFFICERS OF COMPANIES IN LIQUIDATION (SECTION 336): If any person, who is or has been an officer of a...

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GENERAL PROVISIONS RELATING TO WINDING UP – 3

We will continue to discuss general provisions relating to winding up in this post also. Certain limited powers of Company Liquidator (Section 343) (1) The Company Liquidator may— (a) with the sanction...

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OFFICIAL LIQUIDATORS

Here, we will discuss provisions related to Official Liquidator. APPOINTMENT OF OFFICIAL LIQUIDATOR (SECTION 359) For the purposes of this Act, so far as it relates to the winding up of companies by...

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Part of Companies Amendment Act became Effective

A draft notification posted here on website of Ministry of Corporate Affairs says that Section 1 to 12 and Section 15 to 23 of the Companies (Amendment) Act, 2015 came into force with effect from 29th...

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Companies Act 2013 Amended by Insolvency and Bankruptcy Code 2016

A notification issued by Ministry of Corporate Affairs notified section 255 of the Insolvency and Bankruptcy Code, 2016. By virtue of notification of Section 255 of Insolvency and Bankruptcy Code,...

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