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TypeBare Act JurisdictionCentral Government

Companies Act, 2013, Section 320

Distribution of Property of Company

~1 min read
https://sooperkanoon.com/act/62717

Bare act section · Research

About this section

Companies Act, 2013, Section 320 is part of Companies Act, 2013, - Distribution of Property of Company. Read the section text below and explore Indian court judgments that cite it.

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Section Text

Subject to the provisions of this Act as to overriding preferential payments under section 326, the assets of a company shall, on its winding up, be applied in satisfaction of its liabilities pari passu and, subject to such application, shall, unless the articles otherwise provide, be distributed among the members according to their rights and interests in the company.

Frequently asked questions

What does Companies Act, 2013, Section 320 provide?

Section Section 320 of the Companies Act, 2013, (Distribution of Property of Company) is reproduced on this page as part of the Companies Act, 2013,. 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, 2013, Section 320?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Companies Act, 2013, Section 320. 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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