https://www.taxtmi.com/caselaws?id=283068 The court ruled in favor of the preference shareholders, affirming their entitlement to arrears of cumulative dividends up to the commencement of winding up, in priority to equity shareholders, as per Article 7 of the Articles of Association. The Liquidator's reference was decided against the company, with costs to be covered by the company's funds, while other parties were to bear their own costs. en-us Fri, 16 Nov 1973 00:00:00 +0530 Thu, 05 Sep 2019 17:33:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283068 The court ruled in favor of the preference shareholders, affirming their entitlement to arrears of cumulative dividends up to the commencement of winding up, in priority to equity shareholders, as per Article 7 of the Articles of Association. The Liquidator's reference was decided against the company, with costs to be covered by the company's funds, while other parties were to bear their own costs. Case-Laws Companies Law Fri, 16 Nov 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283068