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In-Depth Explanation of the Definition of Liquidation Including What It Means for Business Owners in the UK

In-Depth Explanation of the Definition of Liquidation Including What It Means for Business Owners in the UK

July 16, 2025 Category: Blog

Company closure constitutes the official procedure by which a business ends its trading activities and converts its property into monetary value for distribution to owed parties and investors in accordance with prescribed hierarchies. This often misunderstood procedure usually takes place in situations where a company becomes unable to pay its debt

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