It is the legal responsibility of directors and business owners to place a company in liquidation when they clearly cannot pay its debts as they fall due. Creditors' Voluntary Liquidation (CVL) is the most common type of liquidation.
McCarthy Walsh Accountants are insolvency specialists and will take directors through the process from start to finish following an initial free consultation at our office in Dublin.
A CVL is usually initiated by the insolvent company. The interest of the creditors is the primary concern of the liquidator in a CVL. We offer advice and assistance to companies who need to go through the process of liquidation in Dublin.
Our liquidators in Dublin advise directors of their statutory responsibilities and assist them in meeting the procedural requirements for placing it in liquidation. We then accept appointment as liquidator and realise the assets of the company in order to best serve the interests of all creditors.
What Are The Different Types of Liquidation?
Creditors' Voluntary Liquidation (CVL
Members’ Voluntary Liquidation (MVL)
After liquidating my company, can I restart a business or work in the same industry?
Directors can set up another company after liquidation but it is essential that they are properly advised and carry out all actions within company law. Get in touch with us if you have any questions.