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[Cites 0, Cited by 0] [Section 343] [Entire Act]

Union of India - Subsection

Section 343(2) in The Companies Act, 2013

(2)Notwithstanding anything contained in sub-section (1), in the case of a winding up by the Tribunal, the Central Government may make rules to provide that the Company Liquidator may, under such circumstances, if any, and subject to such conditions, restrictions and limitations, if any, as may be prescribed, exercise any of the powers referred to in sub-clause (ii) or sub-clause (iii) of clause (b) of subsection (1) without the sanction of the Tribunal.