Costs of Voluntary Winding Up [Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. Original Content: All costs, charges and expenses properly incurred in the winding up, including the fee of the Company Liquidator, shall, subject to the rights of secured creditors, if any, be payable out of the assets of […]

Power to Apply to Tribunal to Have Questions Determined, etc [Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. – Original Content (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016. Original Omitted Content– 322. (1) The Company Liquidator or any

Arrangement When Binding on Company and Creditors [Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016 – Original Content (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016. Original Omitted Content– 321. (1) Any arrangement other than the arrangement referred to

Distribution of Property of Company Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. – Original Content (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016. Original Omitted Content– 320. Subject to the provisions of this Act as to overriding preferential

Power of Company Liquidator to Accept Shares, etc., as Consideration for Sale of Property of Company Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. – Original Content (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016. Original Omitted Content– 319.

Final Meeting and Dissolution of Company. [Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016. Original Omitted Content – 318. (1) As soon as the affairs of a company are fully wound up, the Company Liquidator shall prepare

Report of Company Liquidator to Tribunal for Examination of persons Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. – Original Content (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016. Original Omitted Content:- 317. Report of Company Liquidator to Tribunal

Company Liquidator to Submit Report on Progress of Winding Up 1[Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. – Original Content: (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016. Original Omitted Content– 316. (1) The Company Liquidator shall report

Appointment of Committees [Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016 Original Omitted Content – 315. Where there are no creditors of a company, such company in its general meeting and, where a meeting

Powers and Duties of Company Liquidator in Voluntary Winding Up Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. – Original Content (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016 Original Omitted Content– 314. (1) The Company Liquidator shall perform