Procedure for liquidating a company gay speed dating in fort lauderdale
If you do stop trading you then need to decide on the best way to dissolve (close) your limited company.
The 1963 Companies Act states that ten days notice of the meeting must be given to all creditors.
At Company Bureau, we understand the difficulties that Directors and Shareholders encounter when faced with a liquidation situation.
Company Bureau offers assistance in the liquidation process in the following categories: • Creditors Voluntary Liquidation • Members Voluntary Liquidation • Compulsory (Court) Liquidation A creditors voluntary liquidation (CVL) is where an insolvent company voluntarily decides to go into liquidation.
A Declaration of Solvency must be signed by the directors stating that the company can pay any remaining debts in full within 12 months.
The company is dissolved following completion of the liquidation.