Case Law

[LOCUS CLASSICUS] – SUPREME COURT RULES THAT WINDING-UP ORDER MEANS AUTOMATIC DISMISSAL OF COMPANY EMPLOYEES

Winding-up of a company is the process of bringing the existence of the company to an end. The liquidator is the chief executioner who is empowered to oversee the proceedings. It is an elementary principle of Company Law that upon the making of a winding-up order and the appointment of a liquidator, the powers of […]