Difference between Winding up and Dissolution of Company

Difference between Winding up and Dissolution of Company Winding up and Dissolution of a Company are two separate steps in the process of closing a company. Winding Up is a process led by a liquidator under the Tribunal of laws…

Companies Rules – Transfer of Pending Proceedings

Companies Rules - Transfer of Pending Proceedings The Government of India (GoI) introduced the Companies (Transfer of Pending Proceeding) Rules which has been amended from time to time. The companies rules relating to the transfer of pending proceedings lighten the…

Strike Off of Company

Strike Off of Company The process of striking off is an alternative mechanism to the winding up of a company. The Companies Act facilitates two modes of strike-off – namely, strike off by the ROC (Registrar of Companies) under Section…

Section 189: Dissolution of Partnership Firm

Section 189 Dissolution of Partnership Firm A partner may dissolve a partnership firm at any time. When any business or profession carried on by a firm has been discontinued, or where a firm is dissolved, an Assessing Officer would assess…

Private Limited Company Winding Up by Tribunal

Private Limited Company Winding Up by Tribunal A private limited company can be wound up by a Tribunal or by the members of the company voluntarily. The procedure for voluntary winding up of a company by covered in another article. In…

How to Close a LLP – Winding Up of LLP

How to Close a LLP - Winding Up of LLP LLP or Limited Liability Partnership is a new form of business entity introduced in India through the LLP Act, 2008. LLP enjoys audit exemption, if the annual turnover of the LLP is…