COMPANY LAW WINDING UP SECTIONS
WINDING UP (Sections 270-365)
270. Winding up by Tribunal
271.cases in which company may be wound up by Tribunal
272. Petition for winding up
273. Powers of Tribunal
274. Directions for filing statement of affairs
275. Company Liquidators and their appointments
276. Removal and replacement of liquidator
277. Intimation to Company Liquidator, provisional liquidator and Registrar
278. Effect of winding up order
279. Stay of suits, etc., on winding up order
280. Jurisdiction of Tribunal
281. Submission of report by Company Liquidator
282. Directions of Tribunal on report of Company Liquidator
283. Custody of company's properties
284.Promoters, directors, etc., to cooperate with Company Liquidator
285. Settlement of list of contributories and application of assets
286. Obligations of directors and managers
287. Advisory committee
288. Submission of periodical reports to Tribunal
290. Powers and duties of Company Liquidator
291. professional assistance to Company Liquidator
292. control of Company Liquidator's powers
293. Books to be kept by Company Liquidator
294. Audit of Company Liquidator's accounts
295. debts by contributory and extent of set -off
296. Power of Tribunal to make calls
297. Adjustment of rights of contributories
298. Power to order costs
299. Power to summon persons suspected of having property of company, etc.
300. Power to order examination of promoters,
301. Arrest of person trying to leave India or abscond
302. Dissolution of company by Tribunal
303 . Appeals from orders before commencement of Act
324. Debts of all descriptions to be admitted to proof
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
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
343. Company Liquidator to exercise certain powers
344. Statement that company is in liquidation
345. Books and papers of company to be evidence
346. Inspection of books by creditors and contributories
347. Disposal of books and papers of company
348. Information as to pending liquidations
349. O/L 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. Powers 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
