This section allows cross-market comparisons.
Glossary Definition
Compulsory Winding Up

Winding-up refers to the process by which a company (or part of a company) is brought to an end and the assets and property are redistributed. Winding-up can also be referred to as liquidation or dissolution, although dissolution technically refers to the last stage of liquidation. Compulsory winding-up often refers to creditor-initiated liquidation.