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State Whether the Following Statements Are True Or False :Voluntary Winding up Means Liquidation of the Company is Brought About by Its Members Or Creditors with the Intervention of the Court. - Financial Accounting(Financial Accounting and Auditing 9)

State whether the following statements are True or False :
Voluntary winding up means liquidation of the company is brought about by its members or creditors with the intervention of the Court.

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Solution

False

Concept: Liquidation of Companies
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