Liquidations
A liquidation is a process by which a company or individual's assets are sold off to pay debts. This can happen voluntarily or involuntarily. In a voluntary liquidation, the company's owners decide to wind down operations and sell assets. This is often done when a business is no longer profitable or when the owners wish to retire. In an involuntary liquidation, creditors force the sale of assets to recover their losses. This usually occurs when a company is unable to meet its financial obligations.
The liquidation process typically involves appointing a liquidator, who is responsible for managing the sale of
Liquidations can be complex and time-consuming. They often require legal and financial expertise. The outcome of