L22 Lecture Notes - Companies Act 2013, National Company Law Tribunal, Financial Statement

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srivastavashagun008

11 Jan 2022

School

University of Lucknow

Department

Philosophy

Course

L22

Professor

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Document Summary

Liquidation of company refers to a process in which a company"s existence is brought to an end. On liquidation the affairs of a company are wound up and its name is struck off from the. Register of the registrar of companies and this fact is published in the official gazette. The word liquidation has been replaced by winding-up resulted the term liquidation has not been used anywhere in the companies act, 2013. It is the word winding-up which has been used in this act. It is worth mentioning that the process of liquidation is legally termed as. As per section 2 (94a) of the companies act 2013, winding-up means winding up under this. Act or liquidation under the insolvency and bankruptcy code, 2016, as applicable. Note: winding-up of a company is different from its dissolution. Winding-up is the process of closing or finishing a company.

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You are working for a constructioncompany and are in charge ofordering supplies for some new brickhouses that are going to bebuilt. The company you are consideringfor supplying the brickssends you a sample. You want to decide ifthe brick has theappropriate volume. You observe that it isroughly in the shape of arectangular prism so you takemeasurements of its length, width, andheight.
Length
31.30.2cmÂ±

Width
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Height
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You are working for a construction company andare in charge ofordering supplies for some new brick houses thatare going to bebuilt. The company you are considering forsupplying the brickssends you a sample. You want to decide if thebrick has theappropriate volume. You observe that it is roughly inthe shape of arectangular prism so you takemeasurements of its length, width, andheight.
Yourealize that it would be a good idea to determine the volumeusinga second method as well. Then you could decide if the tworesultswere consistent. If they were they you know you could beconfidentwith your determination of the volume of the brick. As asecondmethod, you take a large plastic graduated cylinder and fillit uppartially with water. You measure the water level tobe272050mlmlÂ±. You then submerge the brick in the water. Youmeasure thewater level now to be 611050mlmlÂ±.

1.What is the volume of the brick, as determined from the datafromeach of the two methods?

L22 Lecture Notes - Companies Act 2013, National Company Law Tribunal, Financial Statement

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