Winding up: Procedure under Companies Act 1956

lakshmi , Last updated: 01 May 2021 Share Follow on Google News

WINDING UP- PROCEDURE UNDER COMPANIES ACT, 1956 ? Winding up is the process by which the normal activities of the corporation or association of person is stopped and the assets and liabilities of the association is assessed and distributed among the shareholders as per the existing agreement.

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About the Author

lakshmi

STUDENT

I am a law student pursuing my 4th year BA.LL.B (Hons) in National University of Advanced Legal Studies. I am also pusuing my last stage of Company Secretaryship course. (professional level). I am greatly interested in corporate laws and tax laws. I am here to widen the horizons of my legal knowledge..

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