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1. Give a brief description of the following types of winding up: a. Compulsory Winding-up b. Voluntary Winding-up c. Winding up subject to the supervision

1. Give a brief description of the following types of winding up:

a. Compulsory Winding-up

b. Voluntary Winding-up

c. Winding up subject to the supervision of the court

2. Explain one possible consequence of dissolving a company without first undergoing the winding-up procedure.

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