Mera Samvidhaan All of Companies Act, 2013

Chapter XX · Winding Up

278Effect of winding up order.

Section 278 · Chapter XX · Part I · page 173 of the Act

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.

Section 278 of The Companies Act, 2013 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.