Blog Posts - Winding Up



What is Winding up of a Company?

What is winding up of a company? Winding up of a company means the end of the life of a company. It is the permanent closing down of its business. A company is the creature of law. It, therefore, cannot die a nature death. The termination of its exis...
by commercepk on May 3, 2016

Procedures you need to know: Voluntary Winding Up of LLP

STEP 1 (CONSENT OF CREDITORS AND MAKING OF DECLARATION):-A. Making of DeclarationØ  The majority of its designated partners (being not less than two) must make a declaration in Form No. 2 verified by an affidavit to the effect that the LLP has...
by Mowing the Law on Apr 12, 2016

Highlights of Companies Bill 2012 Passed in Loksabha

The Companies Bill 2012 passed in the Lok Sabha: Highlights of the Bill The much awaited Companies Bill, 2012 (Bill) was passed by the Lok Sabha on December 18, 2012, replacing 56-year-old Companies... [[ This is a content summary only. Visit www.in...
by Indian Tax Updates on Jan 7, 2013

Winding Up of Company u/s 560 of The Companies Act, 1956

What is Winding Up? Winding up of a company is defined as a process by which the life of a company is brought to an end and its property administered for the benefit of its members and creditors. An... [[ This is a content summary only. Visit www.in...
by Indian Tax Updates on Jan 7, 2013

What is an Unregistered Company under Companies Act, 1956?

Unregistered Company Definition and Meaning Unregistered Company is not a defined term in the Companies Act, 1956, but Section 582 of the said act do describe the expression Unregistered Company as... [[ This is a content summary only. Visit www.ind...
by Indian Tax Updates on Jan 2, 2013


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