Section 346 Inspection of books and papers by creditors and contributories – Companies Act 2013

Amended and updated notes on section 346 of Companies Act 2013. Provisions related to inspection of books and papers by creditors and contributories.

Amended and updated notes on section 346 of Companies Act 2013. Detail discussion on provisions and rules related to inspection of books and papers by creditors and contributories.

Chapter XX (Section 270365) of the Companies Act, 2013 (CA 2013) deals with the provisions related to winding up. Section 346 of CA 2013 provides for inspection of books and papers by creditors and contributories.

Recently, we have discussed in detail section 345 (Books and papers of company to be evidence) of CA 2013. Today, we learn the provisions of section 346 of the Companies Act 2013.

The provisions of section 346 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 346 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.346
Section NameInspection of books and papers by creditors and
contributories
Monthly Updated EditionCompany Law PDF

Section 346 of Companies Act 2013: Inspection of books and papers by creditors and contributories

Section 346 shall come into force on 15th December, 2016 vide Notification No. S.O. 3677(E) dated 07.12.2016.

(1) At any time after the making of an order for the winding up of a company by the Tribunal, any creditor or contributory of the company may inspect the books and papers of the company only in accordance with, and subject to such rules as may be prescribed.

(2) Nothing contained in sub-section (1) shall exclude or restrict any rights conferred by any law for the time being in force—

  • (a) on the Central Government or a State Government;
  • (b) on any authority or officer thereof; or
  • (c) on any person acting under the authority of any such Government or of any such authority or officer.


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