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Liquidation
Liquidation of Company

Liquidation of Company

Liquidation is a significant financial and legal process that involves winding up a company’s operations and settling its obligations. It can be triggered by insolvency, business decisions, or legal orders. This guide provides an in-depth understanding of liquidation, its types, processes, consequences, and considerations for stakeholders. 1. What Is Liquidation? Liquidation refers to the formal […]
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Liquidation process for Corporate Persons

Liquidation process for Corporate Persons

Liquidation process for Corporate Persons The provisions dealing with the liquidation of corporate persons are imbibed in chapter III of part II of the Insolvency and Bankruptcy code. We at MUDS on having a glance at chapter III derived the interpretation that liquidation process can be initiated only when the resolution plan as required to […]
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