If you are running a business using a limited company, and you have run out…
Liquidation
Liquidation
Posted by admin on November 9, 2011 in - No CommentsWhen a company is solvent, it is controlled by the Directors. When a company is insolvent, the Directors can place the company in the hands of a Liquidator, who then deals with the Liquidation. The Directors duties and powers cease, and they can move on to new opportunities, (having learned a few hard lessons along the way).

Leave a Reply