Professional Documents
Culture Documents
Subject:Company Law
Topic:Winding up of a COMPANY
Class:-III B.com(Regular & ACCA)
Date:23-04-2020
By:Ms.Sahana.S
Lecturer in commerce
Dept of Commerce
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SUMMARY:
Winding up is the process of dissolving
a company. While winding up,
a company ceases to do business as
usual. Its sole purpose is to sell off stock,
pay off creditors, and distribute any
remaining assets to partners or
shareholders. The term is used primarily in
Great Britain, where it is synonymous with
liquidation
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Reference
https://www.slideshare.net/AnuragBhatt1/win
ding-up-of-company
https://slideplayer.com/slide/3911213/
https://www.slideshare.net/kalimshahab/wind
ing-up-of-a-company
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