https://www.taxtmi.com/caselaws?id=109285 The court held that the appeal was maintainable and overturned the decision of the Company Judge to admit the petition under section 433(f) of the Companies Act. It emphasized that the 'just and equitable' clause should be applied judiciously and that the respondents, as stand members without voting rights, lacked standing to seek the winding up of the company. The court found that the Articles of Association were consistent with the Act, and the appeal was allowed, setting aside the Company Judge's order. en-us Thu, 05 Aug 2004 00:00:00 +0530 Sat, 07 Apr 2012 13:29:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109285 The court held that the appeal was maintainable and overturned the decision of the Company Judge to admit the petition under section 433(f) of the Companies Act. It emphasized that the 'just and equitable' clause should be applied judiciously and that the respondents, as stand members without voting rights, lacked standing to seek the winding up of the company. The court found that the Articles of Association were consistent with the Act, and the appeal was allowed, setting aside the Company Judge's order. Case-Laws Companies Law Thu, 05 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109285