Repealed or not in force · As amended up to 2026-08
137. When an order has been made for winding-up a Company under this Act, a copy of such order shall forthwith be forwarded by the Company to the Registrar of joint stock Companies, who shall make a minute thereof in his books relating to the Company.
Such order shall be deemed to be notice of discharge to the servants of the Company, except when the business of the Company is continued.
Power of Court to stay proceedings.
Source: India Code