Voluntary liquidation is a structured legal process through which a solvent company voluntarily winds up its affairs, realises assets, settles liabilities, distributes remaining proceeds, and applies for dissolution under the Insolvency and Bankruptcy Code, 2016.
This process is generally used when shareholders or promoters decide to close a company that is no longer required, has completed its purpose, or is commercially inactive, while ensuring that all debts and statutory obligations are properly addressed.
We provide end-to-end voluntary liquidation support, assisting companies, directors, shareholders, and liquidators with documentation, declarations, public announcements, claim handling, asset realisation, compliance filings, and final dissolution.
Assessment of company solvency, liabilities, assets, pending compliances, and readiness for voluntary liquidation.
Support in preparing declaration of solvency, statement of assets and liabilities, and related board documentation.
Assistance with board resolutions, special resolutions, member approvals, and filing requirements for liquidation commencement.
Guidance and documentation support for appointment of a liquidator to conduct the voluntary liquidation process.
Support with public announcement, creditor communication, claim receipt, claim verification, and stakeholder records.
Assistance with realisation of assets, settlement of liabilities, distribution of surplus, and maintenance of liquidation accounts.
Support with required filings, progress reports, compliance documents, statutory forms, and liquidation records.
Preparation support for final report, liquidation closure documents, NCLT application, and final dissolution process.
Reviewing company status, assets, liabilities, creditor position, pending compliances, and liquidation eligibility.
Preparing solvency declaration, board approvals, shareholder resolutions, and commencement documentation.
Supporting public announcement, creditor communication, claim receipt, verification, and stakeholder records.
Assisting with asset realisation, payment of liabilities, distribution of surplus, and liquidation account maintenance.
Preparing final report, statutory filings, NCLT dissolution application, and closure documentation.
Get expert assistance for solvency review, liquidation documentation, claim handling, statutory filings, asset distribution, and final dissolution.
Talk to Our Liquidation Team