Melor, a member of Bunga Bhd wishes to file a petition for a winding-up of the company on the ground that it is just and equitable to do so. She seeks your advice as to the circumstances in which the courts would be likely to grant such an order. Advise Melor and illustrate your answer with relevant cases.it is company law.!
Elaborate, Discuss, Advise, Correlate.

Answer rating: 100% (QA)

Just and equitable clause confers very wide discreationary power on court The court have to take int... View the full answer