International Journal of All Research Education & Scientific Methods

An ISO Certified Peer-Reviewed Journal

ISSN: 2455-6211

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Winding up of a Company on “Just and Equita...

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Winding up of a Company on “Just and Equita...

Winding up of a Company on “Just and Equitable” Grounds

Author Name : Dr. Sanjay Dixit

The words “just and equitable” are recognition of the fact that a limited company is more than a mere judicial entity with a personality in law of Its own. There is room in company law for recognition of the fact that behind it, or amongst it, there are individuals, with rights, expectations and obligations inter se which are not necessarily submerged in the company structure.