Procedure for Winding Up of a Company
● A special resolution must be passed in the company in the context…
Winding Up of the Company by Tribunal
When a resolution for the winding up of a company is passed…
Circumstances in which a Company May Be Wound Up
A company may be wound up by a tribunal where the petition…
Consequences of Winding Up
The most important consequences of the winding up of a company are…
Compulsory Winding Up
Compulsory winding up takes place when a creditor of an insolvent company…
Powers of a Liquidator
An administrator, usually denoted as a liquidator, is appointed in the context…
Business Law – Winding Up of a Company
Winding up of a company is defined as the condition when the…
Qualifications of Directors
The Companies Act does not provide any qualifications for the directors. However,…
Appointment of Directors
The appointment and recruitment of directors is a crucial procedural requirement of…


