Procedure for liquidating a company Online sexy text chat

When the liquidation is complete the company is removed from the Register of Companies. From the date of liquidation the liquidator takes custody and control of all the company’s unsecured assets and assists secured creditors where necessary.

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You can choose to liquidate your limited company (also called ‘winding up’ a company).You must call a meeting of shareholders and ask them to vote.75% (by value of shares) of shareholders must agree to the winding-up to pass a ‘winding-up resolution’. The assets are collected and sold for the benefit of the company’s creditors. From the date of liquidation the liquidator takes custody and control of all the company’s unsecured assets and assists secured creditors where necessary.The company will stop doing business and employing people.

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