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The Companies Act, 2013

Chapter XX - Winding Up (270 - 365)

Section 317- Report of Company Liquidator to Tribunal for examination of persons.

[Section 317 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 317- Report of Company Liquidator to Tribunal for examination of persons. [Corresponds to Section 519 of the Companies Act, 1956]

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Prior to Omission w.e.f 15.11.2016, Section 317 read as under:

Section 317- Report of Company Liquidator to Tribunal for examination of persons.  

(1) Where the Company Liquidator is of the opinion that a fraud has been committed by any person in respect of the company, he shall immediately make a report to the Tribunal and the Tribunal shall, without prejudice to the process of winding up, order for investigation under section 210 and on consideration of the report of such investigation, the Tribunal may pass such order and give such directions under this Chapter as it may consider necessary including the direction that such person shall attend before the Tribunal on a day appointed by it for that purpose and be examined as to the promotion or formation or the conduct of the business of the company or as to his conduct and dealings as officer thereof or otherwise.

(2) The provisions of section 300 shall mutatis mutandis apply in relation to any examination directed under sub-section  (1).