CS Professional · Drafting, Pleadings and Appearances · Applications, Petitions and Appeals under Companies Act, 2013
Which of the following orders falls within the specific protection given by Section 303?
The protected order is one made by a Court in winding-up proceedings immediately before the Act commenced. Section 303 is limited to such pre-commencement winding-up orders, not to Tribunal orders after commencement or to other kinds of orders such as those on charges or strike off.
- AAn order of the Tribunal admitting a petition for winding up after the Act commenced
- BAn order of a Court in winding-up proceedings made immediately before the Act commencedCorrect
- CAn order of a Court refusing registration of a charge made before commencement
- DAn order of the Registrar striking off a company's name after commencement
Explanation
Section 303 covers orders made by any Court in proceedings for the winding up of a company immediately before commencement. The other options involve post-commencement orders or matters other than winding-up orders of a Court.
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