Friday, November 2, 2018

State the modes of winding up of a company as per Company Act, 1994

According to section 234, the winding up of a company, may be done in any one of the following three ways:
1. Compulsory winding up by the Court
2. Voluntary winding up b), the members or by creditors
3. Voluntary winding up under the supervision of the court.

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