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<h1>Companies Must Advertise Voluntary Winding Up Resolution Within 14 Days or Face Daily Fines: Section Compliance Alert</h1> When a company decides to wind up voluntarily, it must, within fourteen days, advertise the resolution in the Official Gazette and a local newspaper where its registered or principal office is located. Failure to comply with this requirement results in the company and its responsible officers facing a fine of up to five thousand rupees for each day the default persists.