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REGISTRAR GENERAL'S DEPARTMENT

Ministry of Justice and Attorney General

Services » Official Liquidation

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Procedure:

  • Directors / Creditors or the Company could petition the Registrar of companies to officially liquidate the company
  • Court order could be procured for same
  • The liquidation is gazetted
  • Directors are expected to provide statement of affairs of the company
  • Notice to creditors and debtors is published in the media
  • Creditors meeting stated for 6 weeks after receipt of the court order
  • Assets of the company redeemed, sold and placed in liquidators account
  • Official Liquidator declaration of dividend and payment on pro rata basin to the Creditor
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