330. Any transfer or assignment by a company of all its properties or assets to trustees for the benefit of all its creditors shall be void.
Companies Act, 2013
Section 330: Certain transfers to be void
Chapter XX — Winding Up
VidhiSangh
VidhiSangh
Companies Act, 2013
Chapter XX — Winding Up
330. Any transfer or assignment by a company of all its properties or assets to trustees for the benefit of all its creditors shall be void.