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Winding up also refers to liquidation
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∙ 15y ago
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An order for winding up a banking company can be issued by?
The RBI
What is the effect of winding up for directors?
Whenever a corporation is wound up voluntarily, the corporation shall from the date of the commencement of the winding up, cease to carry on its undertaking, except in so far as may be required for the beneficial winding up thereof; and all transfers of shares, except transfers made to or with the sanction of the liquidators, or alterations in the status of the shareholders or members of the corporation taking place after the commencement of such winding up shall be void; but its corporate state and all its corporate powers, notwithstanding that it is otherwise provided by its constituting instrument or bylaws, shall continue until the affairs of the corporation are wound up.
To see a sample of a hardship letter?
sample of letters by liquidators to creditor in case of a company winding up
Where can one get an instant loan approval from?
One can get instant loan approvals from many different companies. Some companies that offer instant loan approvals include Lend Up Loans and 36 Month Loans.
How do you use serpentine in a sentence?
Serpentine usually refers to something winding, curving, or the like. It has roots in the word 'serpent' which is another name for snakes, which are usually winding or curving in shape. Here's an example: The serpentine trail snaked its way up the mountain.
Modes of winding up of company?
there are three modes of winding up of a company:- 1. winding up by the court i.e., compulsory winding up(sec433 to 483) 2. voluntary winding up (sec. 484 to 521). this may be- (a) members voluntary winding up. (b) creditors voluntary winding up. 3. winding up subject to supervision of court.
Benefits of winding up of a company?
benefit of winding up
Winding up of a joint stock company?
it means to liquidation the company that we can do it by three methods winding up by court voluntary winding up and winding up subject to supervition of the court
When was You Winding Me Up created?
You Winding Me Up was created on 2010-12-08.
What is LV winding of a transformer?
For a step-down transformer, its secondary winding will be the LV winding. For a step-up transformer, its primary winding will be its LV winding.
What are dangers of being affiliated in a gang?
Winding up in the system, winding up dead.
What is the winding up petition?
A winding up petition is a legal document used in England to initiate the process of closing a business down. These petitions are used by people or companies owed a significiant amount of money by a business as a tool to recover debts that are seriously past due.
How could you convert step up transformer into step down transformer?
Injecting power into the higher voltage winding of a transformer will make it act as a step down transformer; injecting power into the lower voltage winding will make it act as a step up transformer. A transformer can be used both ways.
Why do companies go out of business?
Companies go out of business for various reasons. Some of common reason for winding up is bankruptcy and not being able to sustain the expenditure of the company among other things.
What do you mean by compulsory winding up of a company?
What do you understand by "compulsory" and "voluntary" winding up of a company
What is winding and rewinding?
Winding: To wind the coils into the slots on the stator or rotor and connecting them up to form a winding. Re-winding. Is to remove the old winding and doing what I explained above.
Can someone explain a winding up petition?
"For a business, a winding up petition is about the same as a bankruptcy. The more common term for a winding up petition is liquidation; that is, a company is forced to end."
