By Compulsory Winding up?
Compulsory Winding up a Company Can Be Legally Forced to Wind up by a Court Order. in Such Cases, the Company Is Ordered to Appoint a Liquidator to Manage the...
Which section is compulsory for winding?
A summary procedure for winding up of companies is provided under section 361 of the Companies Act, 2013. The proceedings for liquidation are carried out by an Official Liquidator appointed by the Central Government.
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What is compulsory winding up and voluntary winding up?
1. Compulsory winding up of a company is brought about by an order of the court. Voluntary winding up is brought about either by the members or by the creditors of the company without the intervention of the court. 2. In case of Compulsory winding up, the liquidator is appointed by the Court.
Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.
