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Companies Law - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

The company should not be wound up merely because of disputes ...


Shareholder Disputes Shouldn't Automatically Lead to Company Winding Up; Explore Alternative Dispute Resolution First.

December 11, 2012

Case Laws     Companies Law     HC

The company should not be wound up merely because of disputes which have arisen between the two groups of shareholders; if the same can be resolved by alternate modes and these alternate modes must be exhausted in the first instance; the winding up of a company is the extreme and last remedy and should be resorted to only as a final resort - HC

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