A creditors’ voluntary liquidation is when an insolvent company puts itself into liquidation. A creditors’ voluntary liquidation is different to a court liquidation, which is when a creditor initiates the liquidation process.
Liquidation
Liquidation
A creditors’ voluntary liquidation is when an insolvent company puts itself into liquidation. A creditors’ voluntary liquidation is different to a court liquidation, which is when a creditor initiates the liquidation process.