Site navigation

Under Section 272 of the Companies Act, 2013, a winding up petition may be presented by:

Section 272(1)(b) allows a petition by "any contributory or contributories". Creditors were removed from s.272 when the Insolvency and Bankruptcy Code, 2016 took over…

Choose your answer

Under Section 272 of the Companies Act, 2013, a winding up petition may be presented by:

Select one answer
Answer and explanation

Correct answer A

Section 272(1)(b) allows a petition by "any contributory or contributories". Creditors were removed from s.272 when the Insolvency and Bankruptcy Code, 2016 took over insolvency winding up, and an auditor or share transfer agent was never a petitioner.

Practice for these exams

Related exam syllabi

Related questions in this topic