This document discusses how to wind up a sick company according to Indian law. It explains that a company can be wound up through a court order, voluntarily, or under court supervision. The court may order winding up if the company is unable to pay debts, it is just and equitable to do so, or there is a special resolution by members. A company can voluntarily wind up itself according to a members' or creditors' resolution. The document also discusses who can apply for winding up and defines a producer company under Indian law.