Business Studies, asked by sangu851, 1 year ago

Explain the procedure concequences and effects on various parties by the winding up of s company

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Answered by Anirban1108

Heya Mate ❤ Here's the answer.

Winding up of a company is defined as a process by which the life of a company is brought to an end and its property administered for the benefit of its members and creditors.

Hope it helps.

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