Section 360 of Companies Act 2013 :-
Powers and functions of Official Liquidator.
1. The Official Liquidator shall exercise such powers and perform such duties as the Central Government may prescribe.
2. Without prejudice to the provisions of sub-section (1), the Official Liquidator may—
a. exercise all or any of the powers as may be exercised by a Company Liquidator under the provisions of this Act; and
b. conduct inquiries or investigations, if directed by the Tribunal or the Central Government, in respect of matters arising out of winding up proceedings.
India's Important Case Laws and Landmark Judgments on Companies Act 2013.
Section 360 Companies Act 1956 has been repealed.
Powers and functions of Official Liquidator.
1. The Official Liquidator shall exercise such powers and perform such duties as the Central Government may prescribe.
2. Without prejudice to the provisions of sub-section (1), the Official Liquidator may—
a. exercise all or any of the powers as may be exercised by a Company Liquidator under the provisions of this Act; and
b. conduct inquiries or investigations, if directed by the Tribunal or the Central Government, in respect of matters arising out of winding up proceedings.
India's Important Case Laws and Landmark Judgments on Companies Act 2013.
Section 360 Companies Act 1956 has been repealed.
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