write the explanatory notes on modes of winding up
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Modes of winding up of a company notes
Assets are sold out and claims of the creditors met out before winding up the company. The balance if any is disturbed among the shareholders in proportion of their shares.
Methods of Winding Up of a Company
Winding up by Court.
Voluntary Winding Up.
Winding up subject to supervision of the court.
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