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[Cites 0, Cited by 0] [Section 318] [Entire Act]

Union of India - Subsection

Section 318(1) in The Companies Act, 2013

(1)As soon as the affairs of a company are fully wound up, the Company Liquidator shall prepare a report of the winding up showing that the property and assets of the company have been disposed of and its debt fully discharged or discharged to the satisfaction of the creditors and thereafter call a general meeting of the company for the purpose of laying the final winding up accounts before it and giving any explanation therefor.