https://www.taxtmi.com/acts?id=17616 Section 319 was omitted. Previously, for voluntary winding up transfers to a transferee company the Company Liquidator could, with a special resolution, accept shares or similar interests as consideration or provide for member participation in the transferee company; such arrangements required secured creditor consent and were binding. Dissenting members who did not support the special resolution and who delivered written dissent within seven days could require the liquidator to abstain or to purchase their interest; purchase price was by agreement or registered valuer and purchase funds raised and paid before dissolution. en-us Sat, 02 Mar 2013 15:26:55 +0530 Fri, 12 Dec 2025 17:57:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17616 Section 319 was omitted. Previously, for voluntary winding up transfers to a transferee company the Company Liquidator could, with a special resolution, accept shares or similar interests as consideration or provide for member participation in the transferee company; such arrangements required secured creditor consent and were binding. Dissenting members who did not support the special resolution and who delivered written dissent within seven days could require the liquidator to abstain or to purchase their interest; purchase price was by agreement or registered valuer and purchase funds raised and paid before dissolution. Act-Rules Companies Law Sat, 02 Mar 2013 15:26:55 +0530 https://www.taxtmi.com/acts?id=17616