AGX Auditors is a growing, dynamic firm that provides timely and professional accounting and auditing services. We are very pleased with our association with AGX Auditors and to benefit from the services they provide.
Company Liquidation is the process of finalising its affairs, which will involve the sale of assets, investigation of past actions, the equitable distribution of the assets of a company amongst its creditors, and thereafter to its shareholders., Also it can be defined as the process of selling an insolvent business assets and dividing them up between creditors to pay off debts. It can either be voluntary or compulsory.
How AGX Auditors can support you:
- As liquidators AGX Auditors are qualified practitioners and are responsible to collect the company’s assets and distribute them to the company’s creditors, and in the event of a surplus, to the owners.
- Also we are required to notify the Gazette (the official newspaper of record for the Dubai Design District – it records official, regulatory and legal information) and Registrar of their appointment. If the liquidation is voluntary, notice to the local newspaper is also standard practice.
- Additionally, in the case of a voluntary or compulsory liquidation, we will have the power to continue the running of the business (if feasible) to ensure a beneficial winding up of the company.
For more enquiries please contact us +97150-2981990, +9714-2598985