Compulsory winding up Voluntary winding up Let’s take a closer look at both of these types of winding up. Compulsory Winding Up A company can be forced by law to wind up its business operations. This can be decided in a court of law and come in the form of a court order. In th...
Compulsory Liquidation, as the word suggests, is the compulsory or forceful winding up of a company. Such liquidation is thrust upon or initiated by a creditor or a group of creditors. And these creditors either have failed in their attempt to recover their dues and/or are of the firm opini...
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The meaning of BASH is to strike violently : hit; also : to injure or damage by striking : smash —often used with in. How to use bash in a sentence.
From Longman Business Dictionaryˌvoluntary ˌwinding ˈup a winding up that is not controlled by a court of law but happens because the owners of the company decide it should happen→ winding up Exercises Pictures of the day What are these? Click on the pictures to check. Explore ...
up in court over this.wind up doing somethingI wound up wishing I’d never come.4wind somebody ↔ upBritish Englishto deliberately say or do something that willannoyorworrysomeone, as ajoke→teaseThey’re only winding you up.→wound up5wind something ↔ upto turn part of amachinearound...
I’m always looping my finger in with the yarn when I’m winding it into a ball. to fasten by forming into a loop, or by means of something formed into a loop (often followed byup): to loop up the new draperies. to cause (a missile or projectile) to trace a looping or looplike...
a tool for cutting screw threads into the cylindrical surface of a round opening. Surgery.the withdrawal of fluid: spinal tap. a hole made in tapping, as one in a pipe to furnish connection for a branch pipe. Electricity.a connection brought out of a winding at some point between its ext...
The meaning of sharing is not only happiness and sorrow, he can face more people -- like family, friends, enemies, even people you dont know. There was a rich boy who was always lonely in school, although he had good grades. Later, when his father donated his company shares to charity...
If a business fails to pay the rent. And the landlord appoints bailiffs to confiscate the assets of the business. If a company gets a winding-up petition for failure to pay HM Revenue & Customs. If a firm has a massive debt, and due to this, it is unable to meet its current liabil...