Winding Up

Co Act 2013 105 views 2 replies
Friends,

under new section of companies act 2013, can creditor apply to tribunal for winding up of company ?
Replies (2)
yes as per section 272(1)(b) any contributory can present petition for winding up to tribunal
no.. NOW CREDITORS CAN APPLY FOR RESOLUTION UNDER THE BANKRUPTCY CODE, NOT THE COMPANIES ACT


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