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  • What is Voluntary Liquidation? - by Mike Simister
    Submitted on Dec 19, 2009 from Simister Mike
    In contrast to Compulsory Liquidation, which is initiated through a court order, Voluntary Liquidation is, as the name implies, undertaken voluntarily. Either the shareholders of a company initiate voluntary proceedings or the company directors undertake them. The legal formalities differ in ...
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