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Chapter:

485I PDFTitle:MANDATORY PROVIDENT FUND SCHEMES (WINDING UP) RULESGazette Number:L.N. 343 of 2000
Rule:6Heading:Court may order winding up of registered schemesVersion Date:01/12/2000

On the hearing of a winding up application, the Court may, if satisfied that the registered scheme concerned ought to be wound up, order that-

        (a) the scheme be wound up in accordance with the winding up proposal accompanying the application;
        (b) the proposal be modified in a manner specified by the Court and the scheme be wound up in accordance with the proposal so modified; or
        (c) the scheme be wound up in any other way specified by the Court.