Section 378 - Saving and construction of enactments conferring power to wind up partnership firm, association or company, etc., in certain cases

Winding up powers for partnerships, LLPs, societies and companies under prior statutes remain effective, with cross-reference substitution to the current Act.

Section 378 preserves the operation of prior enactments that provide for winding up partnership firms, limited liability partnerships, societies, co-operative societies, associations or companies, including winding up as a company or as an unregistered company under earlier law, and provides that references to provisions of the earlier companies statute or repealed Acts in those enactments shall be read as references to the corresponding provision, if any, in the current Act.