I'm trying to understand the
CORE reason why a company or an individual would go through the process of liquidation. I want to know what the primary objective is when someone decides to liquidate their assets.
6 answers
SeoulStyle
Fri Dec 27 2024
This process ensures that no asset is left unaccounted for or underutilized.
lucas_taylor_teacher
Fri Dec 27 2024
Once all assets have been liquidated, the liquidator proceeds to the next step.
Maria
Fri Dec 27 2024
Liquidation aims to guarantee that all corporate matters are adequately addressed.
Valentina
Fri Dec 27 2024
The liquidator will then submit an application to the Companies House for the company's removal from the register.
Sara
Fri Dec 27 2024
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