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Summarize the two (2) modes of winding up and explain the procedure. Note: The process flow for winding-up (both Voluntary and Compulsory) in the Companies

Summarize the two (2) modes of winding up and explain the procedure.

Note: The process flow for winding-up (both Voluntary and Compulsory) in the Companies Act 1965 (CA 1965) is retained in the Companies Act 2016 (CA 2016.)

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