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Section 50: Winding up by Registrar

The Maharashtra Non-trading Corporations ActState Act of Maharashtra · Act 26 of 1959

(1) If the Registrar, after the affairs of a corporation are investigated under section 63 or on receipt of a special resolution of a corporation resolving that the corporation be wound up by the Registrar, is of opinion that a corporation be wound up he may issue an order directing it to be wound up and when necessary, may appoint a liquidator for the purpose and fix his remuneration.

(2) The liquidator appointed under sub-section (1) shall have power, with the sanction of the Registrar, to do all or any of the things specified in section 48.

Where this provision sits

ActThe Maharashtra Non-trading Corporations Act
Section50
Marginal noteWinding up by Registrar
JurisdictionState of Maharashtra
StatusIn force as published by the source

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