Liquidation Services in Dhaka and Chittagong, Bangladesh

Liquidation is the formal process of bringing a company's operations to an end. It often arises where a business has become insolvent and can no longer meet its obligations, at which point its assets are realised and distributed to creditors and shareholders according to the order of priority set out in law.

The process requires accurate final accounts, a clear assessment of liabilities and strict adherence to legal procedure, all of which we manage on your behalf.

There are several routes to winding up a company. A Members' Voluntary Liquidation (MVL) applies to solvent companies that can pay their debts in full, while a Creditors' Voluntary Liquidation (CVL) is used where a company is insolvent. Official liquidation is ordered by the court, typically on a creditor's application, and provisional liquidation involves a temporary appointment to safeguard assets while the court reaches its decision.

We help you identify the appropriate route and meet the requirements specific to each.

The liquidator works to realise the company's assets at the best achievable price, deals with claims against the company in line with legal protocols, and distributes the proceeds in the correct order of priority.

Throughout, the objective is to act in the interests of creditors and to maximise the return available to them, while ensuring the process is conducted lawfully and transparently.