Posts Tagged: bankruptcy

Legal

Winding Up of a Company in India

It takes careful planning, coordination, and effort to keep a company functioning smoothly. Sometimes, though, things don't go as planned and the company may face challenges that make it impossible to continue, and the only option left is to stop its operations. This process is called "winding up." It’s the official way of closing a company in an organized and legal manner.

Business

ABG Shipyard Fraud Explained

Magdalla Shipyard Pvt Ltd was formed in 1985 in Surat. The shipyard was involved in the manufacture and repair of ships. Ever since it delivered its first ship in 1990, the ship builders have manufactured and delivered over 165 ships. Out of these 165, some were even made for international markets.