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        Companies Law

        Section 309 - Omitted

        Companies Act, 2013
        Part II
        Voluntary winding up

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        Voluntary winding up now omitted; previously companies ceased business except for winding-up acts while retaining corporate powers until dissolution. Section 309 was omitted effective 15-11-2016. Formerly, in a voluntary winding up the company must cease to carry on business except as required for beneficial winding up, while the corporate state and corporate powers continue until dissolution.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Voluntary winding up now omitted; previously companies ceased business except for winding-up acts while retaining corporate powers until dissolution.

                                Section 309 was omitted effective 15-11-2016. Formerly, in a voluntary winding up the company must cease to carry on business except as required for beneficial winding up, while the corporate state and corporate powers continue until dissolution.


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