The main purpose of carrying out business is to earn profits. However, due to some inadvertent circumstances, like recurring losses or due to the order of the Court, the Company may need to shut down its operations. Following are some of the common reasons for winding up the Company:
Obtaining documents from clients
Drafting the affidavit and other relevant documents
Filing of forms and annual return
Submission of documents and issue of notice in the publication
Removal of name from the Register of Companies