Business Studies, asked by sukhmanofficial853, 1 year ago

Modes of winding up of company?

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Answered by sunil1241
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Modes of Winding Up

A company can be wound up in three ways : Compulsory winding up by the Court; Voluntary winding up : (i) Members' voluntary winding up; (ii) Creditors' voluntary winding up; Voluntary winding up subject to the supervision of the Court [Sec. 425].

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