Companies Act · XX — WINDING UP

Section 345. Books and papers of company to be evidence

In force · As amended up to 2026-08

345. Books and papers of company to be evidence. —Where a company is being wound up, all books and papers of the company and of the Company Liquidator shall, as between the contributories of the company, be prima facie evidence of the truth of all matters purporting to be recorded therein. 1. Sub-sections (2), (3) and (4) omitted by Act 31 of 2016, s. 255 and the Eleventh Schedule (w.e.f. 15-11-2016). 2. Sub-section (6) omitted by Act 29 of 2020, s. 48 (w.e.f. 21-12-2020). 3. Subs. by Act 31 of 2016, s. 255 and the Eleventh Schedule, for sub-section (1) (w.e.f. 15-11-2016).

Source: India Code