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The Companies Act, 1956

Winding Up (Section 425 to 560)

Section 425 Modes of winding up.

Section 425 Modes of winding up.

(1) The winding up of a company may be either

(a) by the Tribunal; or

(b) voluntary; or

(c) Omitted

(2) The provisions of this Act with respect to winding up apply, unless the contrary appears, to the winding up of a company in any of those modes.