Winding Up a Company in Ireland-Company Liquidation

Amplify’d from businessandlegal.ie

The company then ceases business save for whatever work is required to wind up the affairs of the company and distribute the assets.   If at any time the liquidator forms the opinion that the company is unable to pay its debts in full he must advertise and call a meeting of the creditors of the company. The members voluntary winding up then becomes a creditors’ voluntary winding up. (This is part or our small business law in Ireland series of articles) Creditors’ Voluntary Winding Up Once the liquidator has done his job he calls a final meeting of members and provides an account of the winding up. This meeting must be advertised in 2 daily newspapers and he then makes a return to the Registrar of Companies.   The company is then deemed dissolved three months after the Registrar receives the liquidators report and an account of the final meeting. Read more at businessandlegal.ie

 

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