LEGALEYE

  WINDING-UP OF COMPANY: AN APPRAISAL Hargunn Kaur Makhija*   Introduction The company can wound up either under the Companies Act, 2013, or under Insolvency Bankruptcy Code, 2016. The term winding up of the company means that the life of a company has come to an end and the only purpose left is selling of the stocks, paying the creditor, and distributing remaining assets to the shareholders or the partners of the company. The procedure of winding up the company is legal. According to Halsburry’s Laws of England, “Winding up of a company is the process of dissolution of the company, collecting and realizing its assets, paying off its obligation and then returning to its members the sum they paid to the company by company’s Article of Association with the remaining funds.” Till the process of winding up is not completed a liquidator is assigned by the company to release the assets and liabilities of the company. If the winding-up is taking place it doesn’t necessarily mea...

               Rights of property of widow under Hindu Law                                                                         Kaushiki Singh*   Women are revered as goddesses in their own right in India, a society steeped in history and culture. Widows and women who have lost their husbands have been denied fundamental dignity and rights for far too long in a culture where women are appreciated for who they are. A widow's status was unknown in the early Vedic period. Women were held in great regard in ancient India (or the Vedic period). They were granted the right to an education and the freedom to marry whoever they pleased. In terms of widowhood, the criteria were also quite broad. One of the alternatives available to a widow was to volunteer to acco...

  RIGHTS OF WOMEN UNDER HINDU SUCCESSION ACT, 1956  Devna Menon* “ The worth of a civilization can be judged by the place given to women in the society .” [1] Gender equality is a continuing battle that every single person is fighting daily, even though we have gone a long way from our previous conventions and norms in which both genders were not considered equal. Changes emerge as people grow more educated and conscious of society, resulting in a more awake society. We can't envisage erasing inequality in a flash, as if empowerment or education were magic wands that could make gender inequity disappear with a swish and flick of the wrist. The 1956 Hindu inheritance law was heralded as a watershed point in Indian history; it was a single sweep of the wand that destroyed the patriarchal framework prevalent in Indian culture, where only men-owned and inherited property. Streedhan was the only place where the concept of female ownership existed in its most sophisticated and...