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If a declaration of solvency is not filed within the prescribed timeframe in the case of a voluntary liquidation, the liquidator should apply to the court for an order that the liquidation continue under the court’s supervision.
Companies Section Registrar General’s Department Cor.
Registrar Generals Department Shirley House #50 Shirley Street P.
(242) 397-8959 (242) 397-8995 (242) 397-8958 (242) 397-8962 Fax. [email protected] Opening Hours: am to pm, Monday to Friday.
Are there any structural or regulatory differences between voluntary liquidation and compulsory liquidation?
The primary procedure to liquidate an insolvent company in the Bahamas is either compulsory liquidation or voluntary liquidation.
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Carswell Law School Case Notebook, Live Note CLEAR Court Express/Docket Watch Deal Proof Drafting Assistant e Carswell Business Systems e Discovery Point Firm Central Intelligence Center Lawschool.
When businesses find themselves in the throes of financial distress and debt, having a good legal team to aid in selecting the best available options is paramount for the protection of the major stake and shareholders in the company.