Company assets are managed and sold by the liquidator in order to pay off the debts of the company After the sale of assets the company’s name will be struck off from the register of companies, and company will be said to have officially wound up.
From Henrietta Newton Martin's Legal Desk
LEGAL HELP UAE/OMAN
Company assets are managed and sold by the liquidator in order to pay off the debts of the company After the sale of assets the company’s name will be struck off from the register of companies, and company will be said to have officially wound up.