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What is a petition of winding up?

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kimhui posted this 28 August 2014

A petition of winding up is presented by creditor/contributory to the Court under Section 218 of the Companies, Act 1965 against the Company for winding up.

Last edited 28 August 2014

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tafur posted this 04 October 2014

My partner has gone bankrupt, I am worry his shares in our joint ventures co could be affected by his bankruptcy.Ps advise.


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