Costing Standards Accounting Standards E-Forms

The Companies Act, 2013

Chapter XX - Winding Up (270 - 365)

Section 345- Books and papers of company to be evidence.

[ Section 345 notified with effect from 15.12.2016 vide S.O. 3676 (E) dated 07.12.2016]

Section 345- Books and papers of company to be evidence. [Corresponds to Section 548 of the Companies Act, 1956]

Where a company is being wound up, all books and papers of the company and of the Company Liquidator shall, as between the contributories of the company, be prima facie evidence of the truth of all matters purporting to be recorded therein.