[Section 308 omitted w.e.f.15.11.2016 vide Notification dated 28.05.2016 (Insolvency and Bankruptcy Code, 2016) read with MCA Notification S.O.3453(E) dated 15.11.2016 ]
Section 308- Commencement of voluntary winding-up. [Corresponds to Section 486 of the Companies Act, 1956]
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Prior to Omission w.e.f 15.11.2016, Section 308 read as under:
Section 308- Commencement of voluntary winding-up.
A voluntary winding up shall be deemed to commence on the date of passing of the resolution for voluntary winding up under section 304.
Section 486 Commencement of voluntary winding up.
A voluntary winding up shall be deemed to commence at the time when the resolution for voluntary winding up is passed.