Do you know how a company’s life comes to an end? What does it mean when a company winds up? Winding up is a process where a company's outstanding matters are finalised, its assets liquidated, and it ceases to exist as a company. What is a liquidation of a company? Liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. Why is liquidation important? Liquidation is important if a business fails due to anything from a lack of visionary management to increasing debts; from almost-zero revenue inflow to rising costs of unnecessary assets. Is liquidation same as winding up? No, liquidation is a part of the wind-up process of a company. Don’t you want to know further about the concept of liquidation and winding up? Let’s learn these concepts with the help of a presentation, shall we? Please refer.

Vaisakh JP

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