Compulsory Liquidation
Compulsory liquidation can be the outcome when a company cannot pay its debts and legal action is taken.
Avoid Compulsory Liquidation
Worried about the possibility of Compulsory Liquidation? We can help.
When a winding-up petition matures to become a winding-up order, compulsory liquidation follows. A liquidator not of your choosing is appointed, and you have little say in how matters proceed.
This is to be avoided.
Stay in control – liquidate voluntarily before being forced by creditors.
Acting decisively with a voluntary liquidation can limit personal liability, signals responsible action to creditors, and helps avoid wrongful trading risks.
