1. Meaning of Winding up or liquidation The winding up or liquidation of a company means the termination of the company by stopping its business‚ collecting its assets and distributing creditors and shareholders‚ in the manner laid down in the Act. 2. Mode Of Winding Up According to section 234‚ the winding up of a company)‚ may be done in any three ways: one of the following (I) Compulsory winding up by the Court (ii) Voluntary winding up b)‚ the members or by creditors (iii) Voluntary
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Technologies AC Generators with 2/3rd and 5/6th winding pitch White Paper Dr Jawad Al-Tayie Chris Whitworth Dr Andreas Biebighaeuser Abstract Cummins Generator Technologies has in case of parallel operation and also will a wide range of AC generator products impact on the type of neutral grounding covering many applications‚ from prime method. Paralleling generators with power to marine‚ oil and gas to name different winding pitch will require careful a few. The stator
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INTRO TO DRAMA – MASK: ACTOR CHARACTER ANALYSIS SHEET Student Name: Gretchen Parker Dramatic Interlude/Play Title: He and She Character Name: Ann Herford Complete this sheet not as though you are yourself‚ but as though you are playing this character in the play. Type in your answers. CHARACTER PAST I come from… Georgia My childhood was… Happy‚ with three brothers and two sisters. I was the baby‚ youngest. The experience that made the most lasting impression
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CHAPTER 24 Winding-Up (Sections 425 – 560) Contributories Liability as contributories of present and past members (Section 426) Question 1 By an order of the Court M/s ABC Limited was wound up with effect from 15.3.2002. Mr. Gupta‚ who ceased to be a member of the Company from 1.6.2001 received a notice from the liquidator to deposit a sum of ` 15‚000 as his contribution towards the liability on the shares previously held by him. Mr. Gupta seeks your opinion about his liability. Answer
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Winding up of Company: Winding up of a company is the process whereby its life is ended and its property administered for the benefit of its creditors and members. An administrator called a liquidator‚ is appointed and he takes control of the company‚ collects its debts and finally distributes any surplus among the members in accordance with their rights. Kind of Companies can be wound up: Only a limited company can be wound-up. The term "winding-up" (or "wound-up") bears a similar meaning of
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Suad Ibrahim Shahl 3 AC winding design The windings used in rotating electrical machines can be classified as Concentrated Windings • All the winding turns are wound together in series to form one multi-turn coil • All the turns have the same magnetic axis • Examples of concentrated winding are – field windings for salient-pole synchronous machines – D.C. machines – Primary and secondary windings of a transformer Distributed Windings • All the winding turns are
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The GOTE Sheet † The GOTE Sheet is a starting point for analyzing any role. Using your imagination‚ take a blank sheet of paper and answer the following questions about a dramatic character from a play you know. Reread the play first‚ with the questions in mind‚ and answer as the character would: 1. Basic information about the character • Name: • Sex: • Age: • Marital Status: • Educational Level: • Economic/Social Status: 2. GOAL: What do I really want? When do I want it? 3. OTHER:
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1248 EP-CL-35 STUDY XXXV WINDING UP OF COMPANIES NOTE: Wherever the term ‘Court’ is being used in the chapter that will be substituted by ‘Tribunal’ in accordance with vide Companies (Second Amendment) Act‚ 2002 w.e.f. a date yet to be notified. INTRODUCTION -It is the process by which a company’s life is ended and its property administered by liquidator or administrator for the benefit of creditors and members -A company can be wound up even when it is solvent DIFFERENCES BETWEEN
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CHANGES IN BALANCE SHEET ACCOUNTS The total assets of a firm and the claims on assets change over time because of investing and financing activities. For example‚ a firm may issue common stock for cash; acquire a building by mortgaging a portion of the purchase price‚ or issue common stock in exchange for convertible bonds. These investing and financing activities affect the amount and structure of a firm’s assets‚ liabilities‚ and shareholders’ equity. The total assets of a firm and the claims
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Winding up of Company Section 425 of the Companies Act‚ 1956‚ deals with the winding up of companies. Winding up of company is a legal procedure to dissolve the company and put an end to its life. The company ceases to be a ‘going concern’. The term winding up is defined as‚ ‘the process by which the life of a company is ended and its property is administered for the benefit of its members and creditors.’ During the process of winding up‚ the assets of the company are sold and all the debts
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