Restrictions on making application under section 248 in certain situations

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..... the previous three months, the company- (a) has changed its name or shifted its registered office from one State to another; (b) has made a disposal for value of property or rights held by it, immediately before cesser of trade or otherwise carrying on of business, for the purpose of disposal for gain in the normal course of trading or otherwise carrying on of business; (c) has engaged in any oth .....

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..... conditions under sub-section (1) are brought to his notice. ******************** Notes:- 1. As Amended vide Insolvency and Bankruptcy Code, 2016, ELEVENTH SCHEDULE, before it was read as, (e) is being wound up under Chapter XX, whether voluntarily or by the Tribunal. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanag .....

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