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Section-270 Modes of winding up


Chapter XX

Winding Up

Section-270 Modes of winding up.

1.     The winding up of a company may be either—

a.     by the Tribunal; or

b.    voluntary.

2.     Notwithstanding anything contained in any other Act, the provisions of this Act with respect to winding up shall apply to the winding up of a company in any of the modes specified under sub-section (1).

 

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