Business Exit

Winding up is the liquidation of Company’s assets which are collected and sold in order to pay the debts incurred. When the company winding up takes place firstly the debts, expenses and costs are paid away and distributed among the shareholders.

A company can be wound up in two different ways-

• Voluntary winding up of a Company
• Compulsory winding up of a company

Service area:

• Winding up
• IRP Services