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Insolvency
Can a company avoid liquidation?
Liquidation is essentially a death sentence for companies. Once the process has been enacted, there’s no going back, for better or for worse. While...
Wholesale Liquidation Business- Top 5 Advantages & Disadvantages of Liquidation Business
The wholesale liquidation business is a popular method of selling surplus and overstocked inventory for retailers and manufacturers. It offers a way for companies...
From Crisis to Comeback: The Pre-Pack Administration Solution
In the ever-changing business world, companies can experience sudden and unexpected difficulties. Nevertheless, there is a ray of hope in the form of the...
Understanding Creditors’ Voluntary Liquidation: A Guide
Voluntary Liquidation
Creditors' Voluntary Liquidation (CVL) is a formal insolvency procedure that allows a company to voluntarily close down and liquidate its assets to pay...
What is a winding-up petition for a company be like?
A winding-up petition is a notice issued legally by creditors such as HMRC. They intend to force the company into closure. The winding-up petition...
Shutting down an insolvent Limited Company
Due to the outbreak of COVID-19, many companies are striving hard to survive the tense economic scenario. However, a common misconception prevails that a...
Liquidating a company in Dubai internet city
If you own a business in UAE, you must cancel all the permit when
you decide to take down your business. The decision to close down...