Join date: Jul 28, 2022

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When a creditor of an insolvent corporation requests a wind up from the court, a compulsory winding up of a company occurs. The court of law appoints a liquidator for the liquidation if the company goes into liquidation. The liquidator's main goal is to collect as much money as is required to pay the creditors.

what is voluntary winding up

what is voluntary winding up

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