Our team of insolvency professionals regularly work on various types of liquidations including:
When shareholders of a parent company no longer require a company, they will, often, close it through a Voluntary Liquidation, provider of-course the company is solvent.
INSOL can assist in all stages of the liquidation process. We are regularly appointed Liquidators in order to collect assets and pay liabilities in a timely and orderly manner and distribute any balance to the rightful shareholders and contributors.
The court may on the petition of, usually, creditor order the winding up of a company compulsorily. This is, usually, the result of a company being unable to Pay its debts. INSOL is usually appointed Liquidator, in order to initiate and complete the liquidation by:
INSOL is also in a position to assist Directors of companies under compulsory liquidation, to prepare the Statement of Affairs of the company for submission to the Official Receiver within the time specified by law in order to avoid unnecessary civil and criminal penalties.