Liquidation of company
The term “insolvency” refers to the process by which a business is wound up. In addition, the company’s properties and assets are given to the owners and creditors. Although “dissolution” technically refers to the final stage of insolvency, the terms “voluntary winding up of the company” and “dissolution” are interchangeable. The insolvency procedure can be … Read More “What is Insolvency of a Company?” »