Transfer etc. after commencement of winding up to be void

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Full Text of the Document

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....s in the company or alteration in the status of its members, made after the commencement of the winding up shall, unless the Tribunal otherwise orders, be void.]     *************** NOTES:- 1.  Substituted vide Section 255 readwith Eleventh Schedule of the Insolvency and Bankruptcy Code, 2016 w.e.f. 15-11-2016 (Notified vide Notification No. S.O. 3453(E) ....