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Poonawalla fincorps

Poonawalla fincorps

Winding up

Vishal Mali (1 Points)

10 December 2019

winding up mean explain example

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CS Rashi Jain (Practicing Company Secretary @ RASHI JAIN & ASSOCIATES) (1295 Points)
Replied 21 March 2020

The winding up or liquidation of a company is the process by which a company's assets are collected and sold in order to pay its debts. Any monies remaining after all debts, expenses and costs have been paid off are distributed amongst the shareholders of the company.

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