In section 347, for sub -section (1), the following sub-section shall be substituted, namely— — THE INSOLVENCY AND BANKRUPTCY CODE, 2016 Last Update 18-8-2021

. In section 347, for sub -section (1), the following sub-section shall be substituted, namely—

27 . In section 347, for sub -section (1), the following sub-section shall be substituted, namely— " (1) When the affairs of a company have been completely wound up and it is about to be dissolved, the books and papers of such company and those of the Company Liquidator may be disposed of in such manner as the Tribunal directs. " .

Section 27