valid as on 20/07/2018

Section 309. Effect of voluntary winding up
Omitted

In the case of a voluntary winding up, the company shall from the commencement of the winding up cease to carry on its business except as far as required for the beneficial winding up of its business:
Provided that the corporate state and corporate powers of the company shall continue until it is dissolved.

Amendments to Companies Act, 2013 vide Eleventh Schedule of the Insolvency and Bankruptcy Code, 2016


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