Question

Winding up of the company by Tribunal is called​

Answer 1

Answer:

Winding up order may be given by the court with or without cost. Thus, it a mechanism whereby the assets of the company are utilised for the advantage of its shareholders and creditors. The person who manages the entire assets of the company when it is in winding up position is called as called Liquidator.

Step-by-step explanation:

please mark it as brainliest answer if it helps you