Section 270 of the Companies Act, 2013: Winding up by Tribunal

The Companies Act, 2013

Chapter-XX Winding Up 

1[Section 270: Winding up by Tribunal.

*270. The provisions of Part I shall apply to the winding up of a company by the Tribunal under this Act.]


*Effective from 15.12.2016.

1. Substituted by the Eleventh Schedule (Sec. 255) to the Insolvency and Bankruptcy Code, 2016, w.e.f. 15.11.2016[S.O. 3453(E) dated 15.11.2016], for the Section:

Section 270: Modes of winding up.

270. (1) The winding up of a company may be either—

(a) by the Tribunal; or

(b) voluntary.

(2) Notwithstanding anything contained in any other Act, the provisions of this Act with respect to winding up shall apply to the winding up of a company in any of the modes specified under sub-section (1).”

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