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In a winding up by the Tribunal under the Companies Act, 2013, which statement is false?

In Tribunal winding up, dissolution follows the winding-up order. Section 302 permits dissolution on the liquidator's application after the affairs are completely wound up,…

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In a winding up by the Tribunal under the Companies Act, 2013, which statement is false?

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Correct answer A

In Tribunal winding up, dissolution follows the winding-up order. Section 302 permits dissolution on the liquidator's application after the affairs are completely wound up, or where the Tribunal considers dissolution just and reasonable in the circumstances. It does not authorise reversing the order of winding up and dissolution.

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