what is liquidation of company
Answer (1)
Hii Saloni!
Liquidation of company generally means bringing an end to the company. In financial economics or business point of view this term is ending a business or closing a company and distribution of the assets to the claiments. The remaining assets are paid to the creditors and shareholders. Hope you get it.
Good luck!
Liquidation of company generally means bringing an end to the company. In financial economics or business point of view this term is ending a business or closing a company and distribution of the assets to the claiments. The remaining assets are paid to the creditors and shareholders. Hope you get it.
Good luck!
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