What happens in a Creditors' Voluntary Liquidation?
shared by theliquidationa... on Nov 14
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Creditors voluntary liquidation is a process at the end of a company’s life and ensures that those who are owed money receive as much as possible from the company’s assets in a fair way.
The foll...
owing diagram graphic provides a summary of the key steps involved in placing a company into CVL and the liquidators’ duties.
Source
https://www.....co.uk/cvlCategory
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