Section 307: Court may grant injunction
The Companies Act, 2017 · Federal Acts · in_force
Discuss this provision with AI
307. Court may grant injunction.—The Court may, at any time after presentation of the petition for winding up a company under this Act, and before making an order for its winding up, upon the application of the company itself or of any its creditors or contributories, restrain further proceedings in any suit or proceeding against the company, upon such terms as the Court thinks fit.
Effective date: 2017-05-30
Related sections
Section 306: Commencement of winding up by CourtSection 308: Powers of Court on hearing petitionSection 305: Right to present winding up petition where company is being wound up voluntarily orSection 309: Copy of winding up order to be filed with registrarSection 304: Provisions as to applications for winding upSection 310: Suits stayed on winding up order
Version 1 · Source-traceable official reference. LawHub does not modify the official record.