COMPANIES AND ALLIED MATTERS ACT, 2020
Section 623: Effect of voluntary winding-up on business of company.
In case of voluntary winding-up, the company shall, from thecommencement of the winding-up, cease to carry on its business, except so far as may be required for the beneficial winding-up thereof :
Provided that the corporate state and powers of the company shall, notwithstanding anything to the contrary in its articles, continue until it is dissolved.
Cite this section
Section 623, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).
https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/623/