334 The Companies Act

Transfers, etc., after commencement of winding up to be void

1[334. Transfers, etc., after commencement of winding up to be void-- In the case of a winding up by the Tribunal, any disposition of the property including actionable claims, of the company and any transfer of shares in the company or alteration in the status of its members, made after the commencement of the winding up shall, unless the Tribunal otherwise orders, be void.]

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1. Subs. by Act 31 of 2016, s. 255 and the Eleventh Schedule, for section 334 (w.e.f. 15-11-2016).

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PART III.--Provisions applicable to every mode of winding up