Effect of Voluntary Winding Up

309.1[Omitted] 

Amendment

1.   (a)  Omitted  by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. – Original Content

    (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016

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Section-51: Payment of Dividend in Proportion to Amount Paid-Up.
Section-169: Removal of Directors