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Voluntary liquidation in South Africa
- 7th Jan 2021
- Posted by: Barnard Inc
- Categories: Commercial Litigation, Company Law, Latest News, Voluntary Liquidation
No CommentsThe process of liquidation involves a company (or close corporation) ceasing all trading activities, selling its company assets and then distributing the proceeds to its creditors. There are two options for the voluntary winding-up of a solvent business.