278.Effect of winding up order.

Verified

The order for the winding up of a company shall operate in favour of all the creditors and all contributories of the company as if it had been made out on the joint petition of creditors and contributories.

Personal note

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← 277

Intimation to Company Liquidator, provisional liquidator and Registrar

279 →

Stay of suits, etc., on winding up order.