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[Cites 0, Cited by 3] [Section 440] [Entire Act]

Union of India - Subsection

Section 440(2) in The Companies Act, 1956

(2)The Tribunal shall not make a winding up order on a petition presented to it under sub-section (1), unless it is satisfied that the voluntary winding up cannot be continued with due regard to the interests of the creditors or contributories or both.Commencement of winding up