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When a company goes into liquidation, the form of winding up can be classified as either a compulsory winding up or a voluntary winding up.
When a company goes into liquidation, the form of winding up can be classified as either a compulsory winding up or a voluntary winding up. Explain with reference to legislation what is the distinction between these 2 forms of winding up, including a description as to how each might be initiated.
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