Explain the term winding-up and liquidation

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1. Explain the term winding-up and Liquidation.

2. Explain the grounds for a compulsory winding up an order under an order of the court.

3. Describe three circumstances for a voluntary liquidation.

4. Summarize the process involved in voluntary liquidation.

5. Compare & Contrast the procedure involved in voluntary and compulsory liquidation.

6. Summarize the process involved in a winding up subject to the supervision of the court.

Reference no: EM132850733

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