Rule - 168, Part-III, The Companies (Winding Up) Rules, 2020

Rule - 168, Part-III, The Companies (Winding Up) Rules, 2020

Co. Law, Sebi, Audit & A/c

Declaration of dividend or return of capital

No dividend to creditors or return of capital to contributories shall be declared by the Company Liquidator without the sanction of the Tribunal.