MAHARSHI DAYANAND UNIVERSITY ASSIGNMENT ON CORPORATE LAWS SUBMITTED TO : SUBMITTEDBY: DR. NEELAM JAIN VIKRANT MBA 2.3 General Roll no.:765WWiinoina - UP of ComPany Wicking. Up 4s Ane proteas ¥f ee ies ap Ah tiga of dhe Lompany . Tr othe words , eo wpa proceedhing by aphich a ormpany a climelvd. Tn Ane Ceuwear a Kuch olAeludton , Hu daet) -of du Lompany oH. cluapedid aps Phe clusts ane paid - a out sf dt Hralinud aedety Qud te wrpluy any, ty Hun paid off 29 tle mumbers in proportion do Hui relding Jn athe Lempury Mooes of Windint,- UP Thou ae Huu mods ¥ wineling 6, 4 Company, 1) Compuldosuy Winding up by Cowd 5 0 0 Veluctany Wivoling up This may be + we Mem bex 'o Veluuctay wurnoling up , 0x (uw) Odio '9 Voluntary toi ncling - Up. Winching - Up Kubjeet do He Aupenialrr 4 Biz Cowrt, Scanned with CamScannermpulanry Wincling -Up Ay Come fod an 435 | The weorning Lp by Ue Cock » ‘| enena al ( 9 EARL Lo (vo Ahe : Lonpislantty Uw en3 , up The Covet moy ose, Abt octet Up 44 a Company tn te eats omen omnct anlar dur tion U33. The cow rol ya nope, pot tu Ustinding Up a A eompany am cue ap plicatibn aby ounay eh Ake peraens rmedrontal verde Aution 439. ©) Gao Jounde Li, Winding Up Ly tht Count Qstourdls ox iaylie 4 na “Up as a pow = (V Speetal Rrastutrer (ii) Repaute tn Aitirg Harvosy Repouk or Hotoling Statutory Meeting (Seeter 439 (] UY Pailin do Commenu. Btuaihers within Tine UY Reduction of Membestakip Scanned with CamScannerEE (v) Thabuity A Pay Detets [ dectinr U3] (v) Rejautt in Crting Pie Accemd and B/¢ (vii) Aetect agans Soverteigny and reg sucky 04 Tila . lviii) Sick -Trduatial Company (ix) Just aul £9 puteteste. ©) Powe y Lguidatous Jn Winding Le by Couset Powers hy Liguidatond An yoincling “up dy Court Aue ad jellows o (1) With dan Cow» Senactter a) To sinabttote ay nuit en behalh dhe Company To Conny 4m company A buainen . Te deb propudcy of Ah Company. mo To tbotHew en de Arewity b) 4 cmt . Gu lAltHueut Du Cowetls Sanchign LUM aud txeertlhe sa lus , suceiats, Scanned with CamScannerancl e@thee docu mel) - b) To sme Compeury'o Atal. ) Te wnapick sucntas and peetiusiny = ot fis 6h Ua Regrat Mare ast Hous paymed cf) Ony pe. Quad claim ind aegN a a) Te peove , Haul, balan Oh cy tort su aa fore Guy Cg Curd his propedy . ©) Te xcbtaw , accept , make otf endowdt | tuundi , ttt ose tometer behalf of ah company . Voburctarny Winding - Up Up [Section 4 s4- 484-521 ] Voluntary winding - Up arta aeinding dy Ant members eb Cerdttotuy a, Bu cara any Hromaruts witheut the trterverctien of the cowd. The obj eet 24 a Volurctery usinding - Lup ig hot thy compas 9 Ves Mu omiumbuu ao well ag Apes wetted —asing te dia Cowes of Low. l Thay ales however , apply ty th Count por Scanned with CamScannerany inectovai, th cy » AMUN neesrcutly [ aretion 5/8] 4) ony Resolution . The members pasar wan. qureral ane in | Ne jesaunrs ° Cady 5 WU Whe ae olution Pa company wae pire buy Asctrele a) Aadodctidr curl he prerivol dos expitud 3 anol (1) Albu the = Udectebee o Ardociation provicleol je ustiediing UP fn Ahr Oceurxenu Ah cu event and Hot event ho occwtud, BY Special Rushilion ' Pracd Ly toe membew Jn au sthe, ena. falitiin 144 cays of presing tht vucelutien jor voluntary usinding “up , it rmudt de matified Bo tu Aubtyc Ly ae aelverctiatmed dn dh “appt etal Crazete’ aud tn focal Nluwapaper, Types of Voluntauy Wlinding Up Undet She Ach thee ta a chete lta nc on bebwewn * 1) Membux) Volunctuuy Loinding - Up Scanned with CamScannerCCC LL—L———————————<«<£——— DY uditono” Valu tauy winding -up. “oli soction Y29~- 498 ©) Members’ Vatuuitany plhinoling -Up [See ~ 498 | ° ° 3 Qdl a) a Tus is powibl any ral ° Aue Caw ae i up L ’ Nelveret ver pay _ A uxinarrg ee ae | Jae ; a ‘ 4 uvhich a dlectanattion hao Dun 7 d youth = she. Jug h Alyn. Ahn [Road auch He | | 5 re membend e volute UAVs My lip, pelle ae [ r Cue) oO ry) Appsintmuc 4 Liguicaton ye iii) Board's power de Cone [Section 491] liii) Puver db pit Ug caies Jn ue Spf & A Lig ptclactox to Repiatrax [ection 493] liv) etic. dppoivc mud 4 Ligh olaton 20 Repiahan [ pretion 493]. (Vv) Power of Ligypu dato. do cept wus, de. ao cendicl uation fr wok a Company propucty [ bectebn ugu] Scanned with CamScanner(vi) uty | 19 Lut Loto ct oll lensoltttu muting [‘deetion 495 ] (vi) Genet rele at endl oh Cath co [ arction 96], and (viii) Pinal menting and clsanuicllor [ pretior 497 | ©) Cuueolito sea ’ Votewcory llingling - Up [ AucLien 499 - 509] TL De deelauation 4 Xow eny has mat been mode by Dinuclosy , Ah ustraing - Up Ad Heperveedd de ao “puuctites’ yoluuitauy winoling - up. Ln the nie A Abe Meluency luclasatior , Vetiuilasey lip Ui A210 Ay HL uo tos , Seotuian 600 t 5049 Mhau apply th Melatrer AD AO suo ty 4 bo Velurctaruy usincliy - up, Thad peor ole je 4 (i) Mecking ss crucifous [ kuctip, Boo], li) Aletice ap RegiatHar { suctibr Sof ) (ui) Appointment Ah Ligsucato fi Xectiar So 2] Scanned with CamScannerC—O , , : (1v) Cemnat Hee 44 Tnapeclibr [ Aecler 503) (v) Lig wiclatons! “tC eta tor [ wectior 504] ‘ ( vee of, a (vi) Peevey. to pet a Vvacany wn th byte hb Liguicdaton [xuetior Sacy (vir) Fore, 4 board to tad (vareluer 905] = ° co (vir) Porvrer, Aw acetpt haus , ete. onniclot Hex dale eh company prop ucty [auctier 5o7] (ix) Mucting at end ef cach year (auctier 508], £ (x) Final Meeting Curd clsselutior (xectier 609] | “foster af Lgultuory Jy Yluctsy Powers Ah Ltorialatons An Veluuctasey ubtnoktny = Up au ay joltews (U Power Bxexckanble _sasth Sanction ('Y Powess Exenel table avithout Sanction ii) Joint Liqutt datous liv) Power 4 Apply do Coud th have Quat e Detucné neol Scanned with CamScanner(Y) Pupptic Exam nation o amilie theta Nuuctor, eke. llnding Up Unalede He Superviaion of, he Court [Auction 522-524] gt ay Bie: opto a som peunty thao pasitol a ectal . ° ah Souslution fox Veli rctany Leta Ry, — lie COLL amoy Make Ay O¢der chal dry Volurctawy Loinding “Up Aholl Orlin » Led Aubject to tu — Cout AUpeUiain , and en Be teu and wonolivens peripi ed oy the Covwt. -vjaton PRG PP 8 upon puck & aghast oo | POUL fee nding -up tunden _f Aupuwirion Winding - Au a will = metul ly : y Hu omembeuw , euro ts, Scanned with CamScannerou Remove | = » } ) Power. Ee Cort to Appelr tg uuiclatose ( declion 52y - 525) Nh aaah | ine pee Ao appt cur A i ap tT ma Additional Liga catoH OF Liguiolafos - a Liguicatrx AP ap paired an aM 2 aL (ldo = dtemove 7 yur) ULUIALEN dhe oe api dator ontinucd Ander ; 1 pccaaivned UY Ouolese and ‘fit = ae Ly ; hia 3 Hemoval , Ay Quath OX Ay ey ©) Statu 61 Liyuiolaton Tr cempany winling up , At & an oppicue Gf Au veut ao url a ah agent of the camper, Thy Voluuctany urindiing -up she a que ae % AL | Qua net an Oppror —o, te COUN Scanned with CamScanner