WINDING UP definition: 1. the process of closing a business that is not successful and has debts that it cannot manage…. Learn more.

WIND SOMETHING UP definition: 1. to close a business or organization: 2. to find yourself in an unexpected and usually…. Learn more.

The meaning of WINDING-UP is the process of liquidating the assets of a partnership or corporation in order to pay creditors and make distributions to partners or shareholders upon …

2024年10月4日 · Winding up is the process of dissolving a business by liquidating stock, paying off creditors, and distributing any remaining shareholder assets.

Winding Up is a way of dissolving a company or partnership by selling off all its assets, collecting any outstanding income, making sure that creditors are paid from the proceeds, and …

2025年2月7日 · Compulsory winding up is initiated through a court order, often due to unpaid debts or legal violations. Creditors, shareholders, or regulators may petition the court, which …

Definition of "winding up" The process of settling and closing a business or trust by liquidating assets, settling debts, and distributing the remaining properties to rightful inheritors or …

WINDING-UP definition: the process of finishing or closing something, esp the process of closing down a business | Meaning, pronunciation, translations and examples

Winding up refers to the ending of operations of a business by settling debts, the liquidation of assets, and distributing the remaining proceeds to the shareholders of the partnership or …

2022年11月18日 · Winding up is the term used to describe the process of liquidating a company. While a company is winding up, it will cease to do its day-to-day business activities as usual. …