Liquidation as a voluntary way of termination of a company
Voluntary liquidation is a legally prescribed method of terminating a company, simpler and cheaper than bankruptcy, protecting creditors.
Voluntary liquidation is a legally prescribed method of terminating a company, simpler and cheaper than bankruptcy, protecting creditors.
When does a company initiate voluntary liquidation, and in which cases is compulsory liquidation required? What does the process of voluntary liquidation look like?