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Showing posts from June, 2020

Guidelines for Hiring a Competent Lawyer in Abu Dubai

The compulsory liquidation process is imposed on the company who becomes bankrupt. It is a court-based process handled by competent  lawyers in   Abu Dhabi.  According to this process, the assets of a company are gathered and then distributed to the reserved. The company’s creditors, directors, or shareholders can make a winding-up petition. If your company is insolvent and you are deciding to wind it up then hire our associate lawyers and issue a winding-up petition. This procedure is usually carried out informally. Therefore, get the liquidation of your company by professional means.   Important Method of compulsory liquidation you should know Below are some common ways carried out by  Abu Dhabi Lawyers  for winding up a company through a compulsory liquidation process ·          The first step involves filing a winding-up petition for the compulsory liquidation process ·          The court issues a winding-up order after investigating the company’s situation ·