https://www.taxtmi.com/acts?id=53719 Section 361 of the Companies Act, 2013 is amended to extend the winding up framework to the circumstances referred to in clauses (a), (b) and (d) of section 271. Where an order under sub-section (1) is made, the Central Government may appoint either the Official Liquidator or an insolvency professional registered under the Insolvency and Bankruptcy Code, 2016 to act as liquidator and perform the functions of the Official Liquidator. The amendment also expands inspection powers, revises the form of directions, and deems such insolvency professional to be included within the term Official Liquidator. en-us Tue, 24 Mar 2026 15:03:07 +0530 Tue, 24 Mar 2026 15:03:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53719 Section 361 of the Companies Act, 2013 is amended to extend the winding up framework to the circumstances referred to in clauses (a), (b) and (d) of section 271. Where an order under sub-section (1) is made, the Central Government may appoint either the Official Liquidator or an insolvency professional registered under the Insolvency and Bankruptcy Code, 2016 to act as liquidator and perform the functions of the Official Liquidator. The amendment also expands inspection powers, revises the form of directions, and deems such insolvency professional to be included within the term Official Liquidator. Act-Rules Bills Tue, 24 Mar 2026 15:03:07 +0530 https://www.taxtmi.com/acts?id=53719