What is Members Voluntary Liquidation?

What is Members Voluntary Liquidation?

What is Members Voluntary Liquidation? A Members’ Voluntary Liquidation or MVL is a process which can only be used by a company which is solvent. To be eligible, the company must be able to pay its debts in full within 12 months of the MVL commencing. It could...
What is Creditors Voluntary Liquidation?

What is Creditors Voluntary Liquidation?

What is Creditors Voluntary Liquidation? What is Creditors Voluntary Liquidation? A Creditors Voluntary Liquidation or, CVL for short, is a formal insolvency process which begins when the shareholders of an insolvent company decide to liquidate the company and appoint...