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Section 279 of Companies Act, 2013

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Section 279 of Companies Act, 2013 deals with Stay of suits, etc., on winding up order.

From the Act

(1) When a winding up order has been passed or a provisional liquidator has been appointed, no suit or other legal proceeding shall be commenced, or if pending at the date of the winding up order, shall be proceeded with, by or against the company, except with the leave of the Tribunal and subject to such terms as the Tribunal may impose:

Provided that any application to the Tribunal seeking leave under this section shall be disposed of by the Tribunal within sixty days.

(2) Nothing in sub-section (1) shall apply to any proceeding pending in appeal before the Supreme Court or a High Court.

Recent Cases / Related Cases / Case Laws

Related Sections from the Act

  • Section 276: Removal and replacement of liquidator
  • Section 277: Intimation to Company Liquidator, provisional liquidator and Registrar
  • Section 278: Effect of winding up order

Chapters and Sections from the Indian Companies Act, 2013

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