The Companies Act, 2013

Section 334 : Transfers, etc., After Commencement of Winding Up to be Void

334. In the case of a winding up by the Tribunal, any disposition of the property including actionable claims, of the company and any transfer of shares in the company or alteration in the status of its members, made after the commencement of the winding up shall, unless the Tribunal otherwise orders, be void.