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Section 360 Of Companies Act 2013: Powers & Functions Of Official Liquidator

SECTION-360 (Powers and functions of Official Liquidator) PART IV.—Official Liquidators under CHAPTER-XX (Winding Up) of the Companies Act, 2013

(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.







Extra Notes for Readers

(1) The Companies Act, 2013 received the assent of the President on the 29th August, 2013 (Published in the Gazette of India, Extraordinary, Part II - Section 1 by Ministry of Law and Justice, Legislative Department on 30th August, 2013) - link


(2) Section 360 of the Companies Act 2013 was notified by MCA Notification S.O. 3677(E) dated 7th December 2016 (w.e.f. 15th December 2016) - link

(3) The Companies (Winding Up) Rules, 2013 is yet to be notified.









This page was last updated on 28th May, 2017.

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