Complete Guide to Compulsory Liquidation

Compulsory liquidation is a type of formal insolvency proceeding that sees a company being wound up against the will of the directors and shareholders. Compulsory liquidation is a legal procedure that can only be approved through the courts. If successful, it results in the complete closure of a company and the sale of its assets. It’s a complex procedure, so our team has compiled the following guide to compulsory liquidation in order to help you fully understand the process.

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