WHAT IS LIQUIDATION?

The word liquidation is applicable when a company is insolvent. This remedy is entrenched in our company law, act 79 of 2008, as amended, also regulated by the insolvency act 24 of 1936.

Although the process for liquidation is set and managed by the Master of the High Court, there are aspects pertaining to the liquidation of a company, which are unique for each company.  Please contact our consultants at our head office for more information.

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