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What Is Business Liquidation and its Importance?

When your business is not profitable anymore and you feel there is no way that insolvency can be prevented, you can liquidate the assets of the company and end it. This is called liquidation. However, before this process can be started, there are certain steps that need to be taken so that the directors of the company are protected.

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Called liquidation - PowerPoint PPT Presentation

What Is Business Liquidation and its Importance?