Winding up

WINDING UP Divya Raman Corporate Department

Winding Up of a Company ,[object Object],[object Object],[object Object],[object Object]

Modes of Winding Up ,[object Object],[object Object],[object Object],[object Object],[object Object]

Grounds for Compulsory winding up Sec. 433 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Persons entitled to apply Sec. 439 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Voluntary Winding Up Sec. 484 ,[object Object],[object Object],[object Object],[object Object],[object Object]

Two modes of Voluntary Winding Up ,[object Object],[object Object],[object Object],[object Object],[object Object]

Provisions applicable - Members' Winding Up Sec. 489 to 498 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Creditors' Voluntary Winding Up ,[object Object],[object Object],[object Object]

Provisions applicable Sec. 499 to 506 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object]

Unregistered Companies Sec. 583 ,[object Object],[object Object],[object Object],[object Object],[object Object]

Circumstances under which unregistered company may be wound up ,[object Object],[object Object],[object Object]

Foreign Companies Sec. 584 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Government Company ,[object Object],[object Object],[object Object]

Winding up subject to supervision of Court Sec. 522 to 527 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Priority in disposing liabilities (Sec. 529 A & 530) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Conclusion Therefore, to conclude, Winding up of a company is the stage , where by the company takes its last breath. It is a process by which business of the company is wound up, and the company ceases to exist anymore. All the assets of the company are sold, and the proceedings collected are used to discharge the liabilities on a priority basis.

Winding up

Recommended

Recommended

More Related Content

What's hot

What's hot (20)

Similar to Winding up

Similar to Winding up (20)

More from Altacit Global

More from Altacit Global (20)

Recently uploaded

Recently uploaded (20)

Winding up