Section 330 Certain transfers to be void – Companies Act 2013

Amended and updated notes on section 330 of Companies Act 2013. Detail discussion on provisions and rules related to certain transfers to be void.

Amended and updated notes on section 330 of Companies Act 2013. Detail discussion on provisions and rules related to certain transfers to be void.

Chapter XX (Section 270365) of the Companies Act, 2013 (CA 2013) deals with the provisions related to winding up. Section 330 of CA 2013 provides for certain transfers to be void.

Recently, we have discussed in detail section 329 (Transfers not in good faith to be void) of CA 2013. Today, we learn the provisions of section 330 of the Companies Act 2013.

The provisions of section 330 are effective from 15th December, 2016. You may refer Notification No. S.O. 3677(E) issued dated 7-12-2016. In this article, you will learn detail of the provisions of section 330 the Companies Act 2013.

Name of ActThe Companies Act 2013
Enacted byParliament of India
Administered byMinistry of Corporate Affairs (MCA)
Number of Chapters29
Number of Sections484 (470-43+57)
Number of Schedules7
You are reading:
Chapter No.XX
Chapter NameWinding Up
Section No.330
Section NameCertain transfers to be void
Monthly Updated EditionCompany Law PDF

Section 330 of Companies Act 2013: Certain transfers to be void

Section 330 shall come into force on 15th December, 2016 vide Notification No. S.O. 3677(E) dated 07.12.2016.

Any transfer or assignment by a company of all its properties or assets to trustees for the benefit of all its creditors shall be void.


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