Company Liquidation Process in India: A Complete Guide

Ancoraa Resolution19 Oct, 2023Business

A company liquidation is the process of closing down a business or entity of a firm in an organized and legal manner. It involves the sale of company assets, paying all the debts, and sharing the remaining funds and assets with company shareholders and owners. The liquidation of a company is possible for different reasons, such as excessive debt or changes in company strategy or business direction.