What Is Winding Up Of Company | LegalRaj.com

WINDING UP OF COMPANY

Basic information :

There are different instances due to which the Company can be wound up. Winding up is the procedure through which the assets of the Company are sold and liabilities are paid. Remaining surplus if any is distributed among the shareholder last in priority. With the age of Insolvency and Bankruptcy Code, 2016, (IBC) the liquidation of a company has become easy with time bound procedures...Read more

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