Section 278 of Companies Act 2013 :-
Effect of winding up order.
The order for the winding up of a company shall operate in favour of all the creditors and all contributories of the company as if it had been made out on the joint petition of creditors and contributories.
India's Important Case Laws and Landmark Judgments on Companies Act 2013.
Section 278 Companies Act 1956 has been repealed.
Effect of winding up order.
The order for the winding up of a company shall operate in favour of all the creditors and all contributories of the company as if it had been made out on the joint petition of creditors and contributories.
India's Important Case Laws and Landmark Judgments on Companies Act 2013.
Section 278 Companies Act 1956 has been repealed.
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