Question

Under the Companies Act, when does the winding up of a company by the Tribunal commence?

Q: Under the Companies Act, when does the winding up of a company by the Tribunal commence?

ExplanationSection357CommencementofwindingupbyTribunalThewindingupofacompanybytheTribunalunderthisActshallbedeemedtocommenceatthetimeofthepresentationofthepetitionforthewindingup

A At the time the Official Liquidator is appointed

B At the time the company is declared insolvent

C At the time the Tribunal issues the winding up order

D At the time of the presentation of the petition for the winding up

E At the time the company's assets are distributed among creditors

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Question

Under the Companies Act, when does the winding up of a company by the Tribunal commence?

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