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SBP Law Chambers Colbyn

Liquidation | Sequestration

Voluntary Liquidation – This process does not have to be done in Court. When the shareholders / directors of a Company decide to liquidate the Company, documentation is signed by a nominated representative of the Company and lodged with the Master of the High Court. A liquidator is the appointed by the Master of the High Court to wind up all assets and liabilities (debts) of the Company and can the Company no longer trade.

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