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A compulsory liquidation takes place when a creditor petitions
Topic Started: Jan 24 2015, 05:46 AM (4 Views)
voluntarylq

A compulsory liquidation takes place when a creditor petitions to a court in order to wind up the company. Company-directors can also petition to courts, though this must be done by a group of directors and not just one director. The company directors will receive the winding up order in court.





how to liquidate a company
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