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Just presume, your company is badly debt-ridden, and you need to liquidate all the resources <br>into cash. RBS auditing has the best Liquidation Services In Dubai. <br><br>https://rbsauditing.com/business-structuring/
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Liquidation Services In Dubai rbs@rbsaccounting.com
Just presume, your company is badly debt-ridden, and you need to liquidate all the resources into cash. RBS auditing has the best Liquidation Services In Dubai. There are several reasons why a company needs to get liquidated to reimburse the debt to the bank from which the company needed the loan, creditors, or lending companies.
The process of liquidation includes the selling of all the company’s possessed items, such as products, land, raw materials, machinery, and another commodity that can be sold out or auctioned whereas some items are purchased by the buyers. Company liquidation is of two types- Voluntary Liquidation/ compulsory liquidation
Liquidation by court Voluntary liquidation is the shutting down of companies by shareholders or creditors of the company who passes the legal resolution. Sometimes the company files a petition for liquidation to the court by itself, when it gets failed financially, or is unable to pay off its pending dues. https://rbsauditing.com/business-structuring/
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