Winding Up | Part VII Of Companies Act 1956 | Dissolution | Insolvency | Winding Up Types | Class 1

Corporate and Allied Laws : CA
Winding Up ( Class 1 ) | Part VII Of Companies Act 1956 | Dissolution | Insolvency| Winding Up Types;

Meaning Of Winding Up -
It is the Process of Bringing to an end not your task But to the life of the company .

Meaning of Dissolution -
It is actually Bringing an end the legal personalities of the country .
Meaning of Insolvency :-
It is a similar process like winding up whereby the liquidator and assigned or a receiver comes . They take all the assets for the person .

Types of Winding Up :-
Compulsory Winding Up
Voluntary winding up
Winding up under the supervision of the court

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