Company Voluntary Liquidation

Company Voluntary Liquidation is a common phrase used instead of the Insolvency Act recognised Creditors Voluntary Liquidation.

Company Voluntary Liquidation is a procedure used to shut down an insolvent company.  Insolvency of a company is most often shown by the inability of a company to pay those who it owes money to when they are due for payment.  A worsening of this position can be evidence of insolvency.

At Insolvency.com we are Licensed Insolvency Practitioners so can advise and deal with both company and personal insolvency issues and formal procedures.

If you’d like to understand more about Company Voluntary Liquidation please follow the “read more” link to get further information about Creditors Voluntary Liquidation.

Creditors Voluntary Liquidation is an insolvent company Company Voluntary Liquidation procedure voluntarily started by the company directors.

Read more about Creditors Voluntary Liquidation.

Compulsory Liquidation is an insolvent company Company Voluntary liquidation procedure which is generally started by the company creditors (those who are owed money by the company).

Read more about Compulsory Liquidation.

Company Voluntary Liquidation for a solvent company will refer to a Members Voluntary Liquidation.

Members Voluntary Liquidation is initiated by the Shareholders of a company with a view to distributing the value of the company assets to the Shareholders.

Read more about Members Voluntary Liquidation.