The Companies Act

Circumstances in which company may be wound up voluntarily

Declaration of solvency in case of proposal to wind up voluntarily

Meeting of creditors

Publication of resolution to wind up voluntarily

Commencement of voluntary winding up

Effect of voluntary winding up

Appointment of Company Liquidator

Power to remove and fill vacancy of Company Liquidato

Notice of appointment of Company Liquidator to be given to Registrar

Cesser of Board‘s powers on appointment of Company Liquidator

Powers and duties of Company Liquidator in voluntary winding u

Appointment of committees

Company Liquidator to submit report on progress of winding up

Report of Company Liquidator to Tribunal for examination of person

Final meeting and dissolution of compan

Power of Company Liquidator to accept shares, etc., as consideration for sale of property of compan

Distribution of property of compan

Arrangement when binding on company and creditors

Power to apply to Tribunal to have questions determined, etc

Costs of voluntary winding up


Part II--Omitted.


 [Arrangement when binding on company and creditors.] Omitted by the Insolvency and
Bankruptcy Code, 2016 (31 of 2016), s. 255 and the Eleventh Schedule (w.e.f. 15-11-2016).

LAWGIST

# 321 Arrangement when binding on company and creditors