Section 313 - Omitted - Companies Act, 2013

1 [***] ******************** Notes:- 1. As Omitted vide Insolvency and Bankruptcy Code, 2016, ELEVENTH SCHEDULE, before it was read as, Cesser of Board's powers on appointment of Company Liquidator 313. On the appointment of a Company Liquidator, all the powers of the Board of Directors and of the managing or whole-time directors and manager, if any, shall cease, except for the purpose of giving notice of such appointment of the Company Liquidator to the Registrar.