How to File a Consumer Case through Consumer Complaint Number
03 May, 2024
When a Company thinks of dissolving or Winding up its assets, it ceases to do business and initiates to liquidate the assets. Where, its sole purpose is to sell off stock, pay off creditors, and distribute any remaining assets to partners or shareholders in LLP and PLC.
Compulsory Winding Up of a Company-A company can be legally forced to wind up by a court order.
The following can be the reasons for the same:
Company's unpaid debts;
Voluntary Winding Up of a Company-A company's shareholders or partners may trigger a voluntary winding up, usually by the passage of a resolution.
The following can be the reasons for the same:
Fast Track Exit Scheme (FTE)-This kind of winding up is for striking off the name of Defunct companies from the register of companies.
The following can be the reasons for the same:
Share your trading load with Online Legal India™. We will support you with our expert lawyers, who will work on your documents until your satisfaction. The process of Winding Up Company or Closure would go seamless we have 10 years and more experienced CA/CS. Our team of experienced business advisors works round the clock to give you support.
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