Section 425, of Companies Act, 1956, deals with modes of winding up.
The winding up of a company may be either:
(a) By the Tribunal (also known as compulsory winding up)
(b) Voluntary winding up
(c) subject to the supervision of the Court
Section 425, of Companies Act, 1956, deals with modes of winding up.
The winding up of a company may be either:
(a) By the Tribunal (also known as compulsory winding up)
(b) Voluntary winding up
(c) subject to the supervision of the Court