Winding Up vs Dissolution | Difference between Winding Up and Dissolution of Company

Dissolution of a company is when a company is dissolved by order of a Tribunal, i.e. National Company Law Tribunal (NCLT), after the completion of its winding-up process. The company’s dissolution brings its existence to an end, and its name is struck off by the Registrar of Companies (ROC).

Both dissolution and winding up relate to the company’s end and are sometimes confused by the people. Winding up is the process where the liquidator is appointed to settle and distribute the company’s assets among the creditors and other relevant stakeholders. Dissolution takes place after the winding process is completed.

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🔴 In this video - #padhakulog
Teacher's Name - CS Payal Popli
Topic - Difference between Winding up and Dissolution

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Видео Winding Up vs Dissolution | Difference between Winding Up and Dissolution of Company канала Padhaku Log