TypeBare Act JurisdictionCentral Government Enacted2002

Companies (Second Amendment) Act, 2002 Section 134

Insertion of New Section 651a

Section Text


After section 651 of the principal Act, the following section shall be inserted, namely:--

"651A. Reference of winding up of companies in other laws.-- Unless the context otherwise requires,--

(a) any reference to the winding up of a company by a Court or High Court or winding up of a company subject to supervision of a Court or High Court in any other law (except the Banking Regulation Act, 1949 (10 of 1949)) shall, in so far as it relates to winding up of a company, be construed as winding up of a company by the Tribunal in accordance with the provisions of this Act;

(b) any reference to the Company Law Board in any other law, so far as it relates to the Company Law Board, shall be construed as the Tribunal under this Act,