Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / TMI Blogs / RSS

Power of Central Government to make rules relating to winding up.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ngs to be held for winding up a company by the Tribunal;      (ii) for the voluntary winding up of companies, whether by members or by creditors;      (iii) for the holding of meetings of creditors and members in connection with proceedings under section 391;      (iv) for giving effect to the provisions of this Act as to the reduction of the capital;      (v) generally for all applications to be made to the Tribunal under the provisions of this Act;      (vi) the holding and conducting of meetings to ascertain the wishes of creditors and contributories;      (vii) the settling of lists of contributories ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nd may make rules providing for all such matters as may be prescribed, except those reserved to the Central Government by sub-section (5) of section 503, ^[1][sub-section (3) of section 550, section 552 and sub-section (3) of section 555]; and      (b) may make rules consistent with the Code of Civil Procedure, 1908 (5 of 1908)^___           (i) as to the mode of proceedings to be had for winding up a company in High Courts and in Courts subordinate thereto;           (ii) for the voluntary winding up of companies, whether by members or by creditors;           (iii) for the ho....