Voluntary Liquidation - Closing Ruined Company Quickly and Safely
Voluntary liquidation is the method by which a firm's assets are liquefied, in order to pay off workers according to redundancy law and departing the business down. This form of liquidation is normally considered only when all other feasible possibilities have been drained. This has been seen currently during the latest 'credit crunch' when some companies shut down because it can’t find a purchaser. However, a vital distinction is that this is started by the business and its stockholders instead...
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