Welcome to Company Liquidation and on this website we are going to providing you with all the information you need to apply for liquidation. We have assisted many companies to apply for liquidation over the years and if you have any questions or want to apply for liquidation, please feel to contact us online.
A company run the risk of being placed under liquidation if the entity is unable to pay the debt owed to creditors. The process is usually initiated by the directors, but can also be done by the creditors of the entity.
An entity usually applies for voluntary liquidation if the company’s liabilities are more than its assets. This basically means that company cannot operate its business functions anymore and can apply for company liquidation.