WINDING UP


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CA's are appointed as liquidators when a company is being wound up:

  1. Under an order of the Court of Law or 
  2. By shareholders resolution or 
  3. When banks seek its net assets collateralized against their loans





Phase 1 of our services will include: 

  1. Finalizing the accounts 
  2. Participate in realization of net assets





Phase 2 of our services will include: 

  1. Retrench all employees with their dues
  2. Negotiate and Repay suppliers and banks to the extent cash is realized
  3. Repay shareholders with balance  cash
  4. Prepare audited financial statements with  zero values 
  5. Legally file documents to receive certificate of liquidation