Companies Act Section 320 — [Distribution of property of company.] Omitted by s. 255 and the Eleventh Schedule, ibid. (w.e.f. 15-11-2016)CHAPTER XX WINDING UPCommercial / CorporateOfficial TextPrevious: Companies Act §319 — [Power of Company Liquidator to accept shares, etc., as consideration for sale of property of company.] Omitted by s. 255 and the Eleventh Schedule, ibid.(w.e.f. 15-11-2016)Next: Companies Act §321 — [Arrangement when binding on company and creditors.] Omitted by the Insolvency and Bankruptcy Code, 2016 (31 of 2016), s. 255 and the Eleventh Schedule (w.e.f. 15-11-2016)