Section 304 The Companies Act, 2013

Section 304 The Companies Act, 2013

Circumstances in Which Company May be Wound up Voluntarily

[Omitted]

Amendment

1 (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– 304. A company may be wound up voluntarily,–

(a) if the company in general meeting passes a resolution requiring the company to be wound up voluntarily as a result of the expiry of the period for its duration, if any, fixed by its articles or on the occurrence of any event in respect of which the articles provide that the company should be dissolved; or

(b) if the company passes a special resolution that the company be wound up voluntarily.