Solvent liquidation
If a company is placed into liquidation when it has sufficient assets to pay all its creditors in full, this is known as a members’ voluntary liquidation (MVL). This procedure is used when:
- A company has fulfilled its purpose and the shareholders wish to realise their investment or,
- When a group of companies reorganises their operations and wishes to tidy up their group structure
It is the liquidator’s duty to ensure an orderly winding down of the affairs of the company and a return of assets to the company’s creditors (if not already done so by the directors) and thereafter, its shareholders.
How can we help you?
Submit a free consultation request (see right) or contact us.
Free consultation
For a free, no obligation telephone consulation fill in the form below and we'll call you.
Your privacy is important to us.
We won't use your details for anything else.
