Chapter 20 of The Companies Act, 2013 (Act No. 18) View all Acts

PART III.—Provisions applicable to every mode of winding up
20 (XX)

Act Details View Act

The Companies Act, 2013
18
29-08-2013
The Companies Act, 2013
An Act to consolidate and amend the law relating to companies.
Ministry of Corporate Affairs
xxxxxxx

Sections from Chapter 20 of The Companies Act, 2013 (Act No. 18)

324 - Debts of all descriptions to be admitted to proof
325 - Application of insolvency rules in winding up of insolvent companies.
326 - Overriding preferential payments.
327 - Preferential payments.
328 - Fraudulent preference
329 - Transfers not in good faith to be void
330 - Certain transfers to be void.
331 - Liabilities and rights of certain persons fraudulently preferred.
332 - Effect of floating charge.
333 - Disclaimer of onerous property.
334 - Transfers, etc., after commencement of winding up to be void.
335 - Certain attachments, executions, etc., in winding up by Tribunal to be void
336 - Offences by officers of companies in liquidation.
337 - Penalty for frauds by officers.
338 - Liability where proper accounts not kept
339 - Liability for fraudulent conduct of business
340 - Power of Tribunal to assess damages against delinquent directors, etc
341 - Liability under sections 339 and 340 to extend to partners or directors in firms or companies
342 - Prosecution of delinquent officers and members of company.
343 - Company Liquidator to exercise certain powers subject to sanction.
344 - Statement that company is in liquidation.
345 - Books and papers of company to be evidence.
346 - Inspection of books and papers by creditors and contributories.
347 - Disposal of books and papers of company
348 - Information as to pending liquidations.
349 - Official Liquidator to make payments into public account of India.
350 - Company Liquidator to deposit monies into scheduled bank
351 - Liquidator not to deposit monies into private banking account.
352 - Company Liquidation Dividend and Undistributed Assets Account
353 - Liquidator to make returns, etc.
354 - Meetings to ascertain wishes of creditors or contributories
355 - Court, tribunal or person, etc., before whom affidavit may be sworn.
356 - Power of Tribunal to declare dissolution of company void.
357 - Commencement of winding up by Tribunal.
358 - Exclusion of certain time in computing period of limitation.
359 - Appointment of Official Liquidator
360 - Powers and functions of Official Liquidator.
361 - Summary procedure for liquidation.
362 - Sale of assets and recovery of debts due to company.
363 - Settlement of claims of creditors by Official Liquidator.
364 - Appeal by creditor
365 - Order of dissolution of company