Repealed or not in force · As amended up to 2026-08
181. Any creditor or contributory of a Company that has in manner aforesaid entered into any arrangement with its creditors may, within three weeks from the
Effect of winding-up on share-capital of Company limited by guarantee.
Power of Company to delegate authority to appoint liquidators.
Arrangement when binding on creditors.
Power of creditor or contributory to appeal.
Companies. [ACT VI]
the date of the completion of such arrangement, appeal to the Court against such arrangement, and the Court may thereupon, as it thinks just, amend, vary or confirm the same.
Power for liquidators or contributories in voluntary winding-up to apply to Court.
Source: India Code