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At Sariwal Consultancy, closing a Private Limited company involves legally terminating its existence and halting all business operations, a process commonly known as winding up. This can result from various factors, including financial difficulties, insolvency, internal conflicts among directors, or successful project completion. To initiate the closure, directors must pass a resolution for winding up and appoint a liquidator. The liquidator takes charge of managing the liquidation process, which entails realizing the company's assets and settling its debts. Sariwal Consultancy offers comprehensive assistance throughout the company closure process, ensuring adherence to regulatory guidelines and facilitating a seamless winding-up procedure.