Winding up order directs liquidation under the Companies Act and places company assets under the liquidator's control. Winding up orders under the Companies Act, 2013 direct the tribunal to wind up the company and appoint a provisional liquidator or Company Liquidator to take immediate charge of all property, effects, actionable claims, books and papers; require service of a sealed copy of the order on the company, mandated newspaper advertisement of the order, and service of a certified copy on the Registrar of Companies within one month; provide that petition costs be paid from company assets; and impose duties on persons in possession of company books, papers or assets to surrender them and assist the liquidator.
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.
Winding up order directs liquidation under the Companies Act and places company assets under the liquidator's control.
Winding up orders under the Companies Act, 2013 direct the tribunal to wind up the company and appoint a provisional liquidator or Company Liquidator to take immediate charge of all property, effects, actionable claims, books and papers; require service of a sealed copy of the order on the company, mandated newspaper advertisement of the order, and service of a certified copy on the Registrar of Companies within one month; provide that petition costs be paid from company assets; and impose duties on persons in possession of company books, papers or assets to surrender them and assist the liquidator.
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