Just as a company comes into existence through a legal formality called incorporation, its activities cease and the company's life comes to an end through a process called winding up. The process would broadly involve realising the company's assets and paying off the debts of the company expeditiously and fairly. This is not all. Even after the winding up is complete, the company continues to exist. This legal existence comes to an end only after the court orders the dissolution of the company. The winding up of a company may be due to several factors including its financial position. The process of winding up and dissolution involves legal technicalities and procedures. This module on Corporate Law deals with the winding-up process. The course comprises a discussion on the understanding of the reasons for winding up, petitioners for winding up, summary procedure, liquidator and dissolution.

In addition to the videos, this course also comprises examination pointers, assignments, full texts of relevant sections and links to the full texts of cases on SCC Online.

WHY TAKE THIS COURSE?

This is the last module on our series on Corporate Law. The course has been designed around the topics which can be useful for CA/CS students/examinees as well as for B.Com, BBA and MBA students. Practitioners can also avail this as a refresher course.

Instructor

DR PRATIMA NARAYAN

Dr. Pratima Narayan is an Advocate, mediator and Founder Partner of Techlawlogi Consulting LLP, a law firm based out of Bengaluru. She is an Editor and Consultant at EBC Learning. She has offered courses on Consumer Law, Arbitration, Ecommerce, Contract Law and Corporate Law on the platform. She has authored a book on Electronic Commerce: Legal Compliance, published by EBC. The book comprehensively outlines the various legal and regulatory frameworks and compliance for e-commerce players. Dr. Pratima has served the legal academia for over two decades as a visiting faculty at various reputed law schools and business schools. Dr. Pratima holds a doctorate in law from the National Law School of India University, Bengaluru.

1. Introduction
1.1 Introduction
I. Full text of leading cases

2. Meaning of winding up
2.1 Concept and meaning of winding up

3. Reasons for winding up
I. Relevant sections
3.1 Reasons for winding up
II. Exercises

4. Petitioners for winding up
I. Relevant sections
4.1 Petitioners for winding up
II. Exercises

5. Winding-up process
I. Relevant sections
5.1 Winding-up process by the tribunal
II. Exercises
III. Full text of leading cases

6. Winding up—Summary procedure
I. Relevant sections
6.1 Winding up—Summary procedure
II. Exercises
III. Examination pointers
IV. Full text of leading cases

7. Liquidator
I. Relevant sections
7.1 Liquidator
II. Exercises
III. Examination pointers
IV. Full text of leading cases

8. Dissolution
I. Relevant sections
8.1 Dissolution of company by Tribunal
II. Examination pointers

9. INDEX (FULL TEXT OF CASES)

INDEX: Full text of cases