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A company is wound up through a legal process that involves settling its debts and distributing any remaining assets to shareholders. This can occur voluntarily, when the owners decide to dissolve the company, or involuntarily, through a court order due to insolvency. The winding-up process typically involves appointing a liquidator to oversee the sale of assets, payment of creditors, and fulfillment of any legal obligations. Once all financial matters are resolved, the company is officially dissolved and removed from the register of companies.
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Once a court order has wound up your company can it be reversed?
no it can't
How do you use wound up a sentence?
I wound my self up when I as skipping with my friends All the girls wound up for a fight.
What is the past tense of wind up?
The past tense of "wind up" is "wound up." For example, "She wound up her business last year."
Can a company be declared as insolvent under companies act 1956?
No. It can be wound up. In India, only individuals can be declared insolvent.
What does wound up mean?
The idiom "wound up" has 3 distinct meanings:1. (adj) excited, or needing to release tension (He was all wound up before the game)2. (verb) finally did something (I wound up running away.)3. (verb) arrived at a destination or location (We wound up in Miami.)
Would a subsidary be wound up in case holding is being wound up?
If the subsidiary is a partnership, then it will wound up. otherwise like any other propert it has to be sold out.
What is the past tense of wound?
wounded wound is also the past tense of wind, as in "I wound up the rope."
Who would up as the supreme ruler of rome from the first triumvirate?
Julius Caesar was the member of the first triumvirate who wound up as the supreme ruler of Rome.Julius Caesar was the member of the first triumvirate who wound up as the supreme ruler of Rome.Julius Caesar was the member of the first triumvirate who wound up as the supreme ruler of Rome.Julius Caesar was the member of the first triumvirate who wound up as the supreme ruler of Rome.Julius Caesar was the member of the first triumvirate who wound up as the supreme ruler of Rome.Julius Caesar was the member of the first triumvirate who wound up as the supreme ruler of Rome.Julius Caesar was the member of the first triumvirate who wound up as the supreme ruler of Rome.Julius Caesar was the member of the first triumvirate who wound up as the supreme ruler of Rome.Julius Caesar was the member of the first triumvirate who wound up as the supreme ruler of Rome.
What is a sentence for wound?
The wound was very deep. Wound spread quickly and infested.
What is a homograph for wound?
A homograph for "wound" is "wound," which can refer to being injured or can also mean winding something up (like a clock).
What evoves from a thunder stone?
Pokémon that had evolved with the use of a Thunder Stone are Raichu who wound up evolving from Pikachu, Jolteon who wound up evolving from Eevee and Eelektross who wound up evolving from Eelektrik.
How do you spell wound up?
The likely term is the phrase "wrapped up" (finished, or literally wrapped, as with a gift).The idiomatic use is to mean absorbed, preoccupied, e.g. wrapped up in his work.
