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Winding Up of a Company

Business
Description
The twisting up or liquidation of an organization is the procedure by which an organization's advantages are gathered and sold so as to pay its obligations. Any monies staying after all obligations, costs and expenses have been paid off are circulated among the investors of the organization. At the point when the twisting up has been finished, Petition for winding up is officially disintegrated and it stops to exist.
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