Section 19, Depositories Act, 1996 [S1Z-0SP]
As at 6 September 2026. In force from 21 June 1996.
19. Prohibition of the winding up of a company without licence.—No person shall undertake the winding up of a company except under and in accordance with the conditions of a licence granted under section 20: Provided that nothing in this section shall apply to the winding up of a company undertaken by or on behalf of the Central Government or a State Government.
Defined terms in this text (1)
company: Section 2, Depositories Act, 1996 [S1Z08H] (In this Act, unless the context otherwise requires,—): "company" means a company incorporated under this Act or under any previous company law
company: 13 more definitions.
Made under this section, or naming it (0)
none
Cited by (0)
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Not held (0)
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Duties published under this section (0)
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