law: Companies Act, 2013 
  320.
  
    Distribution
  
  of property of company. 
  Subject
  
  to the provisions of this Act as to overriding preferential payments under
  
  section 326, the assets of a company shall, on its winding up, be applied in
  
  satisfaction of its liabilities pari passu and, subject to such
  
  application, shall, unless the articles otherwise provide, be distributed among
  
  the members according to their rights and interests in the company.