The Indian Companies Act 1882, 6 of 1882, (Rep., Act 1 of 1956)

Section 192. A petition praying wholly or in part that a voluntary winding-up shall continue, but subject to the

Repealed or not in force · As amended up to 2026-08

192. A petition praying wholly or in part that a voluntary winding-up shall continue, but subject to the supervision of the Court, and which winding-up is hereinafter referred to as a winding-up subject to the supervision of the Court, shall, for the purpose of giving jurisdiction to the Court over suits, be deemed to be a petition for winding-up the Company by the Court. Court may have regard to wishes of creditors.

Source: India Code