Winding Up of a Company: 3 Modes | Accounting

The modes of winding up may be discussed under the following three heads, namely:- 1. Compulsory winding up by the court.  2. Voluntary winding up without the intervention of the court.  3. Voluntary winding up with the intervention of the court i.e., under the supervision of the court. Mode # 1. Compulsory Winding Up by the Court: Winding up of [...]