Section 3
Ins. by Act 26 of 2021, s. 6 (w.e.f. 4-4-2021).
3. Ins. by Act 26 of 2021, s. 6 (w.e.f. 4-4-2021).
(7) The order for liquidation under this section shall be deemed to be a notice of discharge to the officers, employees and workmen of the corporate debtor, except when the business of the corporate debtor is continued during the liquidation process by the liquidator.
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