About What is a Creditors Voluntary Liquidation? |
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Category: Business |
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A Creditors Voluntary Liquidation or CVL is a liquidation where the directors "voluntarily" arrange to place their company into liquidation as opposed to having their company "compulsorily" wound up by the Court. After taking advice you would instruct a private sector insolvency practitioner to work with you to place your company into Creditors Voluntary Liquidation. | |
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