Members’ Voluntary Liquidation

A Members’ Voluntary Liquidation is the process for winding up a solvent company. The objective of this process is to distribute the proceeds to the shareholders in accordance with their rights after satisfying any creditor claims, and allow shareholders of a corporate structure that they no longer require to finalise the affairs of the company.
 

The above information is by necessity, general in nature and its brevity could lead to misunderstanding.
For further information, you are invited to contact Alan Topp.