The Commercial & Corporate department at Fenech & Fenech Advocates has experience with assisting companies that have decided to close shop and have chosen to undergo a voluntary winding up. Whether it is a voluntary members’ winding up or a voluntary creditors’ winding up, this type of liquidation is not court assisted.
Companies undergo a members’ voluntary winding up when the company is solvent and a creditors’ voluntary winding up when the company is insolvent. As the name indicates, creditors are more involved during a creditors’ voluntary winding up as their interests become paramount in an insolvency scenario.
The team provides stakeholders with the required support at the end of a company’s life-time by providing general liquidation advice, drafting any required corporate documentation and preparing any requisite forms to be submitted to the Malta Business Registry. The team has also assisted clients with attendance at meetings called by the liquidator and provided general legal assistance in this regard.
Companies undergo a members’ voluntary winding up when the company is solvent and a creditors’ voluntary winding up when the company is insolvent. As the name indicates, creditors are more involved during a creditors’ voluntary winding up as their interests become paramount in an insolvency scenario.
The team provides stakeholders with the required support at the end of a company’s life-time by providing general liquidation advice, drafting any required corporate documentation and preparing any requisite forms to be submitted to the Malta Business Registry. The team has also assisted clients with attendance at meetings called by the liquidator and provided general legal assistance in this regard.
