Winding Up Meaning

He wound up being unemployed and living at home again. Winding up is the process by which the assets of the company are saved and the affairs of the company are wound up.

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Winding up meaning. He ended up marrying his high school sweetheart. The company may continue its normal business during winding up but will gradually bring it to an end. The creek winds through the woods.

Synonyms and related words. Even during the process of winding up the company continues to be a legal person. It therefore cannot die a nature death.

The process of a company liquidating the assets paying off creditors and generally ceasing operations. Winding up is in anticipation of a companys dissolution. Provisions under Companies Act 2013 As far as provisions under the Companies Act 2013 it provides extensive coverage for every aspect of winding up.

Definition of wind up Entry 3 of 3 transitive verb. It is the permanent closing down of its business. Wend to proceed or go.

To find yourself in an unexpected and usually unpleasant situation especially as a result of. To bring to a conclusion. Winding up of a company means the end of the life of a company.

To effectuate the winding up of. Wind up wind something up to bring something such as a speech or meeting to an end The speaker was just winding up when the door was flung open. Wind up - finally be or do something.

Winding up a company is a legal process governed by the business and corporate laws of each state and the companys governing documents articles of association operating agreement articles of incorporation bylaws or operating agreement. A company is the creature of law. The process of finishing or closing something esp the process of closing down a business Meaning pronunciation translations and examples.

Verb To twist or coil something around a particular surface or thing. She had to wend her way through the. Not to be confused with.

To be in a particular position or place. To put in order for the purpose of bringing to an end winds up the meeting. It is a process involved in dissolving the company and before liquidation is on the horizon.

Winding up synonyms Winding up pronunciation Winding up translation English dictionary definition of Winding up. People are winding up in debt. Verb To tighten the spring inside an item or device as by twisting a knob.

Intransitive to be in a particular place or situation not because you choose to but because of other things that have happened. Winding-up definition is - the process of liquidating the assets of a partnership or corporation in order to pay creditors and make distributions to partners or shareholders upon dissolution. A noun or pronoun can be used between wind and up Let me try winding up your watchmaybe that will get it going again.

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