Understanding the Liquidation of a Company: Process, Benefits, …
https://www.thetaxheaven.com/blog/liquidation-of-company
webThe liquidation process can be summarized in the following steps: Step 1: Appointment of Liquidator. The resolution professional, who is already involved in the resolution process, acts as the liquidator until a specific order is issued. The liquidator assumes the powers previously held by the board, directors, creditors, and corporate debtors.
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