Costing Standards Accounting Standards E-Forms

The Companies Act, 2013

Chapter XX - Winding Up (270 - 365)

Section 365- Order of dissolution of company.

[ Section 365 notified with effect from 15.12.2016 vide S.O. 3676 (E) dated 07.12.2016]

[Powers under Section 365 delegated to Regional Directors vide Notification S.O. 4090(E) dated 19.12.2016]

Section 365- Order of dissolution of company. [New Provision]

 (1) The Official Liquidator shall, if he is satisfied that the company is finally wound up, submit a final report to—

(i) the Central Government, in case no reference was made to Tribunal under sub-section (4) of section 364; and

(ii) in any other case, the Central Government and Tribunal.

(2) The Central Government, or as the case may be, the Tribunal on receipt of such report shall order that the company be dissolved.

(3) Where an order is made under sub-section (2), the Registrar shall strike off the name of the company from the register of companies and publish a notification to this effect.