Section 367: Application of section 356 to a creditors voluntary winding up
The Companies Act, 2017 · Federal Acts · in_force
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367. Application of section 356 to a creditors voluntary winding up.—The provisions of section 356 shall apply in the case of a creditors voluntary winding up as in the case of member’s voluntary winding up with the modification that the powers of the liquidator under the said section shall not be exercised except with the sanction of the Court.
Effective date: 2017-05-30
Related sections
Section 366: Power to fill vacancy in office of liquidatorSection 368: Duty of liquidator to call meeting of company and of creditorsSection 365: Cessation of boards’ powersSection 369: Final meeting and dissolutionSection 364: Fixing of liquidator’s remunerationSection 370: Distribution of property of company
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