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The JAMMU AND KASHMIR DEBTORS RELIEF ACT, 1976 Section 16

Title: Powers to pass just and equitable orders in cases where creditor does not agree to amicable settlement.––

State: Ladakh

Year: 1976

Matched in: Title Powers to pass just and equitable orders in cases where creditor does not agree to amicable settlement.––

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Companies Act, 1956 Amending Act 4

Title: Companies (Second Amendment) Act, 2002

State: Central

Year: 1956

prejudice the position of creditors or shareholders of the company; or (b) that on other grounds, it is just and equitable to grant relief, may on the application of the company or any person interested and on such terms … the company as a result thereof is not likely to become viable in future and that it is just and equitable that the company should be wound up, it may record its findings and order winding up of the

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Companies Act, 1956 Chapter 6

Title: Prevention of Oppression and Mismanagement

State: Central

Year: 1956

that otherwise the facts would justify the making of a winding-up order on the ground that it was just and equitable that the company should be wound up , the1[Tribunal] may, with a view to bringing to an end … of all of them. (4) The Central Government may, if in its opinion circumstances exist which make it just and equitable so to do, authorise any member or members of the company to apply to the1[Tribunal] under section 397

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Brief the judgments behind these acts

Companies Act, 1956 Annexe 1

Title: Annexe

State: Central

Year: 1956

nature to prejudice the position ofcreditors or shareholders of the company; or (b)that on other grounds it is just and equitable to grant relief, may, on theapplication of the company or any person interested and on such terms andconditions … (e)if the company is unable to pay its debts; (f)if the Court is of opinion that it is just and equitable that the companyshould be wound up. Section435 435.Transfer of winding up proceedings to District Court Wherea High Court

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Companies Act, 1956 Part 7

Title: Winding Up

State: Central

Year: 1956

company is unable to pay its debts; (f) if the Tribunal is of the opinion that it is just and equitable that the company should be wound up; (g) if the company has made a default in filing with … company has no assets. ( 2 ) Where the petition is presented on the ground that it is just and equitable that the company should be wound up, the Tribunal may refuse to make an order of winding up,

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Bihar Reorganisation Act, 2000 Part VI

Title: Apportionment of Assets and Liabilities

State: Central

Year: 2000

the situation of the goods, the Central Government may issue such directions as it thinks fit for a just and equitable distribution of the goods and the goods shall pass to the successor States accordingly. (2) Stores held for … successor States, or in default of such agreement, as the Central Government may by order direct for a just and equitable distribution of such stores. (4) Any other unissued stores of any class in the existing State of Bihar

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Uttar Pradesh Reorganisation Act, 2000 Part VI

Title: Apportionment of Assets and Liabilities

State: Central

Year: 2000

the situation of the goods, the Central Government may issue such directions as it thinks fit for a just and equitable distribution of the goods and the goods shall pass to the successor States accordingly: Provided further that in … Central Government may, after consultation with the Government of each successor States, think fit to issue for a just and equitable distribution of such stores, (4) Any other unissued stores of any class in the existing State of Uttar

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Companies Act, 2013, Section 242

Title: Powers of Tribunal

State: Central

Year: 2013

that otherwise the facts would justify the making of a winding-up order on the ground that it was just and equitable that the company should be wound up, the Tribunal may, with a view to bringing to an end … other director or manager, upon such terms and conditions as may, in the opinion of the Tribunal, be just and equitable in the circumstances of the case; (f) the termination, setting aside or modification of any agreement between the

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The Companies Act, 2013 Section 242

Title: Powers of Tribunal.—

State: Chattisgarh

Year: 2013

that otherwise the facts would justify the making of a winding-up order on the ground that it was just and equitable that the company should be wound up, the Tribunal may, with a view to bringing to an end … other director or manager, upon such terms and conditions as may, in the opinion of the Tribunal, be just and equitable in the circumstances of the case; (f) the termination, setting aside or modification of any agreement between the

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Madhya Pradesh Reorganisation Act,2000 Part VI

Title: Apportionment of Assets and Liabilites

State: Central

Year: 2000

of the successor States and after consulting both the Governments of the successor States, issue directions for the just and equitable distribution of such land, stores, articles or goods between the successor States and the land, stores, articles or … within a period of three years from the appointed day by either of the States, that it is just and equitable that property or those benefits should be transferred to, or shared with, the other successor State, or that

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