Law · Corporate

Section 271 Companies Act — Winding Up by Tribunal

Circumstances where NCLT may order winding up — inability to pay debts etc. (Companies Act, 2013)

Type: noun Branch: Corporate Level: Intermediate Jurisdiction: India

Pronunciation: 🇺🇸 US/ˈsɛkʃən ˈkəmpəniz ækt ˈwaɪndɪŋ əp baɪ trəˈbjunəl/ 🇬🇧 UK/ˈsɛkʃən ˈkəmpəniz ækt ˈwaɪndɪŋ əp baɪ trəˈbjunəl/

Definition

Circumstances where NCLT may order winding up — inability to pay debts etc. (Companies Act, 2013)

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