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TypeBare Act JurisdictionCentral Government

Companies Act, 1956 Section 485

Publication of Resolution to Wind Up Voluntarily

~1 min read
https://sooperkanoon.com/act/11486

Bare act section · Research

About this section

Companies Act, 1956 Section 485 is part of Companies Act, 1956 - Publication of Resolution to Wind Up Voluntarily. Read the section text below and explore Indian court judgments that cite it.

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Section Text

( 1 ) When a company has passed a resolution for voluntary winding up, it shall, within fourteen days of the passing of the resolution, give notice of the resolution by advertisement in the Official Gazette, and also in some newspaper circulating in the district where the registered office of the company is situate.

( 2) If default is made in complying with sub-section ( 1 ), the company, and every officer of the company who is in default, shall be punishable with fine which may extend to1[five hundred rupees] for every day during which the default continues.

For the purposes of this sub-section, a liquidator of the company shall be deemed to be an officer of the company.

__________________

1. Substituted by Act 53 of 2000, Section 192, for "fifty rupees" (w.e.f. 13-12-2000).

Frequently asked questions

What does Companies Act, 1956 Section 485 provide?

Section Section 485 of the Companies Act, 1956 (Publication of Resolution to Wind Up Voluntarily) is reproduced on this page as part of the Companies Act, 1956. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Companies Act, 1956 Section 485?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Companies Act, 1956 Section 485. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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