What is Winding Up?
MBN
Published at : 08 Sep 2021
Published at : 08 Sep 2021
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Winding up is a way of dissolving a company or partnership by selling off all its assets, collecting any outstanding income, making sure that creditors are paid from the proceeds, and distributing whatever is left over (net assets).
Read more: https://marketbusinessnews.com/financial-glossary/winding-up-definition-meaning/
winding upliquidation
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