Question

Winding up by the court comes under _________.

• A. section $484-521$
• B. section $433$
• C. section $434$
• D. section $475$

Answer 1

Answer: (B)

section $433$

According to the Indian Companies Act, 2013, if a company do not follow certain rules and regulations as given by the act then it has to wind up its operations. Winding up is done by the court. It comes under section 433.