Companies Act, 2017

PART-X

PROVISIONS APPLICABLE TO EVERY VOLUNTARY WINDING UP

From: 2023-11-01 - To: 0000-00-00 375. Arrangement when binding on company and creditors- (1) Any arrangement other than the arrangement referred to in section 356 entered into between a company which is about to be, or is in the course of being wound up and its creditors shall be binding on the company and on the creditors, if it is sanctioned by a special resolution of the company and acceded to by the…