Winding Up
Defined in 5 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910), Abbott (1879)
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The term used in England to denote the dissolution of a corporation or partnership, and the settlement of its affairs.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
The process of liquidating the assets of a partnership or corporation, for purposes of distribution. In England a number of statutes, known as the Winding-up Acts, have been passed to facilitate the settlement of partnership affairs; Lind. Part book iv. c. 3. It is now regulated by Act of 1908 and is transacted in the department for companies winding-up.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
Dictionary of Terms and Phrases Used in American or English Jurisprudence
Benjamin Vaughan Abbott · 1879
The usual English phrase for the final liquidation or settlement of the accounts and af Eairs of a partnership or company, with a view to a dissolution. Usually, partnerships and companies are woand up only when they are in insolvent circumstances; and such winding up is most commonly made under the supervision of the court of chancery, which court acts in the matter of the winding up of companies under the provisions of certain statutes. Winding up acts. General acts of parliament, regulating settlement of corporate afiairs on dissolution.