Liquidation Related Articles

Nov - 2023

30

Dissolution of Partnership Firm

Dissolution of Partnership Firm

Dissolution of Partnership Firm "Dissolution of partnership firm involves terminating the business and settling all accounts. This includes selling assets, paying off debts, and distributing remaining funds among partners." This process can occur in two forms: the dissolution of the partnership, wh ...

Mar - 2023

08

What Is Liquidation?

What Is Liquidation?

What Is Liquidation? Liquidation is the process of winding up a business voluntarily or through a court order. In India, liquidation of a company involves selling off the assets of the company and distributing the proceeds among its creditors and shareholders. The Companies Act of 2013 regulates ...

Mar - 2023

08

What happens to Shareholders when a Company is Liquidated?

What happens to Shareholders when a Company is Liquidated?

What happens to Shareholders when a Company is Liquidated? When a company faces insolvency, shareholders may need to be involved in the liquidation process. Liquidation is the winding up a company’s affairs, which includes transferring its assets to pay off its creditors and distributing any remain ...

Mar - 2023

08

What are the types of Liquidation?

What are the types of Liquidation?

What are the types of Liquidation? In India, liquidating a business entails selling its assets and dividing the proceeds among its shareholders and creditors. In this article, learn about the various types of Liquidation followed by companies to dissolve their business. The Companies Act of 2013 ...

Apr - 2022

21

Voluntary Liquidation of Corporate Persons

Voluntary Liquidation of Corporate Persons

Voluntary Liquidation of Corporate Persons Voluntary Liquidation of a Company in India is administered under Section 59 of Chapter V of Insolvency and Bankruptcy Code, 2016 and it applies to a corporate person. The voluntary liquidation process applies when the directors and shareholders decide to ...

Apr - 2022

19

Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Amendment Regulations 2022

Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Amendment Regulations 2022

Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Amendment Regulations 2022 The Insolvency and Bankruptcy Board (IBBI) vide notification dated 5th April 2022 has notified the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Amendment Regulations 2022. ...

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