Write notes on the following: Wind-down Plan.

Wind-down plan means a process or plan of action employed, for transfer of the beneficial owner accounts and other operational powers of the depository to an alternative institution that would take over the operations of the depository in scenarios such as erosion of net worth of the depository or its insolvency or its inability to provide critical depository operations or services. Every depository shall devise and maintain a wind-down plan in accordance with guidelines specified by SEBI.