Egi liquidating company ltd

If there is a surplus after all the company assets have been dealt with and the debts and liquidation expenses have been paid, then it will be distributed back to the shareholders.

A guarantor is someone who agrees to repay the debt of a company or person if they default.

A certified copy of the minutes of the meeting must be attached to a liquidation application and sent to Bolagsverket.

The minutes must state the date of the start of the liquidation process.

If the company goes into liquidation or the person enters a personal insolvency procedure, e.g.

bankruptcy, the guarantor will have to repay the creditor.

Reasons for winding up a company Members' voluntary winding up The company’s contributories (also known as members or shareholders) may pass a resolution that the company be wound up and that a liquidator be appointed.

Last modified 15-Aug-2019 08:52