compulsory liquidation. voluntary liquidation. Companies Act 61 of 1973

Liquidations: Compulsory and Voluntary

21st July 2021|Commercial Law, Litigation|

A company can be liquidated regardless of whether it is solvent or insolvent. If a company is insolvent, it is unable to satisfy its debts as and when they come due (this is referred to as commercial insolvency).  If the company is solvent, it has the option of being liquidated for reasons other than that


Go to Top