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Lakshy (Semi-Qualified C.A. PGDFM BCom.)     05 October 2017

Winding Up

Friends,

under new section of companies act 2013, can creditor apply to tribunal for winding up of company ?


 2 Replies

Anjali lakra

Anjali lakra   06 October 2017

yes as per section 272(1)(b) any contributory can present petition for winding up to tribunal
Lovepreet Singh

Lovepreet Singh (Army of Final War)     08 October 2017

no.. NOW CREDITORS CAN APPLY FOR RESOLUTION UNDER THE BANKRUPTCY CODE, NOT THE COMPANIES ACT
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