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The Companies Act, 2013

Chapter XXI - Companies Authorised to Register Under This Act (366 - 374)

Section 376- Power to wind up foreign companies although dissolved.

[Section 376 notified with effect from 15.12.2016 vide S.O. 3676 (E) dated 07.12.2016]

Section 376- Power to wind up foreign companies although dissolved.[Corresponds to Section 584 of the Companies Act, 1956]

Where a body corporate incorporated outside India which has been carrying on business in India, ceases to carry on business in India, it may be wound up as an unregistered company under this Part, notwithstanding that the body corporate has been dissolved or otherwise ceased to exist as such under or by virtue of the laws of the country under which it was incorporated.