Company Liquidations

A company can be terminated in a variety of ways:

• Wind up
• Receivership
• Examinership
• Strike-off

A company can be wound up by:

1. A resolution of the members following the making of a declaration of solvency.
2. A resolution of the members ratified by the creditors.
3. An order of the Court.

In the majority of cases, a liquidator is appointed and is obliged to file accounts under the provisions of the Companies Acts. The company is dissolved with an effective date three months from the date of registration of the final documents, or when the court orders its dissolution after winding up by an official liquidator.

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