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DISSOLUTION OF A COMPANY. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDISSOLUTION OF A COMPANY.3 Marks
Question
Discuss, in detail, the procedure for voluntary liquidation.
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Answer

Compulsory liquidation by the tribunal means Tribunal/ Court has passed an order for closure of the company.

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