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  • Voluntary or - by The Court or - Subject To The Supervision of The Court

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    Md Shakawat Hossain
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    There are three ways a company can undergo liquidation: voluntarily, by order of the court, or under court supervision. The liquidation process involves preparing documents like a declaration of solvency and financial accounts, holding board and shareholder meetings to appoint a liquidator, publishing the appointment, and finally submitting final accounts to the regulatory body.

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    Liquidition

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    There are three ways a company can undergo liquidation: voluntarily, by order of the court, or under court supervision. The liquidation process involves preparing documents like a declaration of solvency and financial accounts, holding board and shareholder meetings to appoint a liquidator, publishing the appointment, and finally submitting final accounts to the regulatory body.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    14 views3 pages

    Voluntary or - by The Court or - Subject To The Supervision of The Court

    Uploaded by

    Md Shakawat Hossain
    There are three ways a company can undergo liquidation: voluntarily, by order of the court, or under court supervision. The liquidation process involves preparing documents like a declaration of solvency and financial accounts, holding board and shareholder meetings to appoint a liquidator, publishing the appointment, and finally submitting final accounts to the regulatory body.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Liquidation: Ways

    • Voluntary; or

    • By the court; or

    • Subject to the supervision of the court.


    Liquidation: Steps
    1. Preparing Documents
     Declaration of Solvency
     Accounts and Audit

    2. Board Meeting and Extraordinary General Meeting


    Board Meeting
    Filling of the declaration with the RJSC
    Extraordinary General Meeting
    Liquidation: Steps
    3. Appointment of liquidator
    Liquidator
    Gazette publication:
    AGM (if required)
    4. Final Meeting and filling with the RJSC
    Final Account
    Extra ordinary General Meeting
    Filling

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