(We make technical compliance certifications effortless and convenient.)
For businesses facing insurmountable challenges or for companies that have ceased to operate in a compliant manner, "mandatory winding up" – also known as compulsory winding up or liquidation – becomes a necessary legal process. This ensures the formal closure of the company, the orderly realization of it’s assets and the equitable distribution of proceeds to creditors and stakeholders. While it may seem daunting, understanding the process is key to a smoother transition. At Praman Advisors Private Limited, we leverage cutting-edge technology and a team of dedicated professionals to provide intelligent compliance solutions including expert guidance through the complexities of mandatory winding up. Our aim is to ensure your compliance journey is streamlined, accurate and efficient even in the face of cessation.