Section 250A   [ View Judgements ]

Voluntary winding up of company, etc. not to stop investigation proceedings.


250A. Voluntary winding-up of company, etc., not to stop investigation proceedings
 
1 [250A. Voluntary winding up of company, etc., not to stop investigation proceedings.-

An investigation may be initiated under sections 235, 237, 239 2[or 247] notwithstanding that-

(a) an application has been made for an order under section 397 or section 398; or

(b) the company has passed a special resolution for voluntary winding up,

and no investigation so initiated shall be stopped or suspended by reason only of the fact that an application referred to in clause (a) has been made or a special resolution referred to in clause (b) has been passed.]



1. Inserted by Companies (AMENDMENT) Act, 1965 w.e.f. 15-10-1965

2. Subs. by Act 53 of 2000, sec. 126, for "247, 248 or 249" (w.e.f. 13-12-2000)

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