Closing the Pvt. Ltd. Company

Register your LLP to get double benefits of Partnership firm as well as Limited Liability

Benefits of Closing the Pvt. Ltd. Company



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    In simple words liquidation is process by which a company is bought to end or shutting down its activity. The company can shut down due to varieties of reasons .Liquidation also refers to the process of  selling of company’s asset . The company sell there assets to repay liabilities or to meet obligations.

    Checklist for liquidation

    Our professionals will help you with every step of the private limited company registration process.

    Winding up process of a Private Limited Company

    Winding up of a private limited company is of 2 types .They are:

    Voluntary wind up: Due to insufficient financial funds or the inability to clear debts, a company can be wound up. The company requires a notice from the directors to sell off all assets of the company or to transfer

    Compulsory wind up: This can be executed on the order of a tribunal or a court by passing a special resolution or if any official of the company files a petition to a court of the company being indulged in any unlawful activities, it must be wound up


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