WINDING UP OF A COMPANY: AN OVERVIEW

Authors

  • Soni Sahoo

Keywords:

winding up, liquidation, dissoulution, insolvency, bankrupty

Abstract

Abstract:

Winding up of an organization is characterized as a procedure by which the life of an organization is finished and its property directed to serve its individuals and loan bosses. In expressions of Professor Gower, "Ending up of an organization is the procedure whereby its life is finished and its Property is directed to assist its individuals and lenders. An Administrator, called an outlet is selected and he assumes responsibility for the organization, gathers its benefits, pays its obligations lastly conveys any surplus among the individuals as per their privileges."

Published

2020-10-13

How to Cite

Sahoo, S. . (2020). WINDING UP OF A COMPANY: AN OVERVIEW. Journal of Advanced Research in Accounting and Finance Management, 2(1), 20-37. Retrieved from https://adrjournalshouse.com/index.php/Journal-Accounting-FinanceMgt/article/view/882

Issue

Vol. 2 No. 1 (2020): Journal of Advanced Research in Accounting and Finance Management

Section

Articles