Bare ActsThe Companies Act, 2013

Section 278

Effect of winding up order.

Amendment status not verified — confirm the current text below against the official source.

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.

Amended up to 2019-04-22View on India Code →
Section 278 – The Companies Act, 2013 | DailyLaw.ai