You may ask why some companies resort to liquidation! Sometimes business owners want to move to another country, return home, focus on a different business, or be unable to predict market trends and resort to liquidating the company.
If you are looking for an accredited legal liquidator in the UAE which is a prominent business destination that offers many opportunities for corporate growth and development, this article is for you. Throughout the article we will explain how to choose a certified liquidator and the tasks of a corporate liquidator.
Tasks of the Corporate Liquidator:
When cooperating with an accredited legal liquidator, many companies want to know what tasks they must adhere to, and the following points are the most prominent tasks of the company liquidator:
The liquidator has a wide range of powers that enable him to realize or sell the company's assets and use the proceeds to settle debts.
The liquidator controls the work, adheres to the deadlines for paperwork and keeps the competent authorities and authorities informed of the status of the company.
The responsibility of the liquidator settles all claims against the company.
Any certified legal liquidator with whom you cooperate will interview the directors and report the reasons for the liquidation.
Dissolving the company in other words will remove the company from the public registry.
Convert any remaining assets or property of the company into cash to pay as many creditors as possible.
Investigate the manager's behavior and schedule meetings with creditors and managers.
Evaluate all debts and determine which ones should be repaid in whole or in part.
Termination of any pending contracts or legal disputes from the functions of an authorized legal liquidator.
Reporting on how creditor claims have progressed, the reasons for the company's failure as well as details about asset redistribution and money distribution.
Any accredited legal liquidator with whom you cooperate examines property that may have been sold for less than its value while keeping creditors informed and involved in the decision-making process where appropriate.
The liquidator of the companies must carry out the previous tasks and fully know all the steps and procedures necessary to liquidate or dissolve the company.
Best Legal Liquidator in Dubai:
The best legal liquidator in Dubai you can access through the collaboration of H A M which provides company liquidation services in Dubai.
H A M has a selection of lawyers and legal advisors.
You can proceed with the revocation of your license and any other liquidation procedures in a timely and appropriate manner.
Contact Hammam's team to simplify the situation for you and provide answers to all questions that come to your mind.
To appoint an accredited legal liquidator
translated from
<a href="https://hamauditing.com/%d9%85%d8%b5%d9%81%d9%8a-%d9%82%d8%a7%d9%86%d9%88%d9%86%d9%8a-%d9%85%d8%b9%d8%aa%d9%85%d8%af/">مصفي قانوني معتمد</a>
