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Asked a question 4 years ago

What are the modes of dissolution of a firm?

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Merger, recreation, and amalgamation:

Move your organization's endeavor to another organization under the plan of recreation, converging with different organizations and amalgamation. Right now, move of an organization will be broken down by a request for the Tribunal without being twisted up.


Deliberately disintegration of an organization:

The disintegration of an organization happens willfully by the desire of investors in the General Meeting or investors meeting. In the intentional disintegration of an organization, the benefits of the organization get acknowledged and the liabilities get paid off. After this, on the off chance that there is any surplus left, at that point it gets dispersed to the individuals from the organization as per their privileges.


Disintegration of an organization by Tribunal:

As indicated by Section 302 of Companies Act, 2013, the disintegration of an organization by Tribunal happens


Disintegration of an organization by Tribunal expresses the system for disintegration of an organization by the Tribunal which is examined beneath:


In the wake of ending up of an organization, the organization vendor recorded an application to the Tribunal for the disintegration of an organization.