Section 313 of Companies Act 2013 :-
Cesser of Board's powers on appointment of Company Liquidator.
On the appointment of a Company Liquidator, all the powers of the Board of Directors and of the managing or whole-time directors and manager, if any, shall cease, except for the purpose of giving notice of such appointment of the Company Liquidator to the Registrar.
India's Important Case Laws and Landmark Judgments on Companies Act 2013.
Section 313 Companies Act 1956 has been repealed.
Cesser of Board's powers on appointment of Company Liquidator.
On the appointment of a Company Liquidator, all the powers of the Board of Directors and of the managing or whole-time directors and manager, if any, shall cease, except for the purpose of giving notice of such appointment of the Company Liquidator to the Registrar.
India's Important Case Laws and Landmark Judgments on Companies Act 2013.
Section 313 Companies Act 1956 has been repealed.
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