The question (15 marks)
When may a company be wound up by the Tribunal on the just and equitable ground? Discuss with reference to decided cases, and state what the Insolvency and Bankruptcy Code 2016 changed. (15 marks)
MU Module 4, winding up.
Plan your answer on paper before you look at the authorities — issue first, then the rule, then apply it to these facts.
It tests Unit 4 · CSR, Winding Up, Governance and Insider Trading of Company Law.
Authorities you will need
- In re German Date Coffee Company (1882) 20 Ch. D. 169
- Seth Mohan Lal v. Grain Chambers, Muzaffarnagar
How an answer is marked
A full-marks answer names the issue in one line, states the rule with its section, cites the authority, applies it to these facts and concludes — in that order. The app's model answer for this question is written in exactly that shape, with a checklist to mark your own attempt against.