In some situations, the directors of a solvent limited company may want to close the business. For example, it may be for tax reasons, the company may be part of a larger business and is no longer required, or the directors may simply wish to retire and there is nobody to take over the business. …
How Long Does a Members Voluntary Liquidation Process Take? Read More »
When a company goes into liquidation, it’s not always because of insolvency. There are times when a solvent company opts for liquidation on a voluntary basis. This form of voluntary solvent liquidation is known as a Members’ Voluntary Liquidation (MVL) and is a legal liquidation process to wind up a solvent company. Why choose a …
What is the Role and Purpose of Voluntary Solvent Liquidation? Read More »
Should a solvent limited company wish to liquidate for whatever reason, there is a specific procedure to follow, and that’s a Members Voluntary Liquidation (MVL). It is the process whereby a liquidator is appointed to ensure the company has no outstanding liabilities, and the assets are realised with the funds distributed to the shareholders. An …
What is a Members Voluntary Liquidation Process and How Can it Help? Read More »
Simple Liquidation
