Meaning of liquidation of companies

Liquidation of companies means by which affairs of company wound up by law. A company can not die natural death as it is created by law.

Liquidation of companies is done by three ways:

1)      Compulsory winding up by court

2)      Voluntary winding up by members

3)      Winding up under the supervision of court Continue reading “Meaning of liquidation of companies”

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