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The Company Liquidation Process, South Africa. There are numerous ways to Liquidate a Business.

HIGH COURT LIQUIDATION A Voluntary Liquidation can be lodged in the High Court. A director/member will sign an Affidavit stating that the company is insolvent and the reasons why (we draft the documentation). If it is a Forced Liquidation, the creditor whom brings the Application will sign the Affidavit and state that the company does not pay its debt or state what reason the creditor claims the company is insolvent. Liquidation in the

The High court is expensive and takes about 2 months. We only go to the High Court with a Liquidation Application if there is a conflict between directors/members or any other reason to go to court. Once the Court grants a Liquidation Order, the company is liquidated.


COMPANIES OFFICE LIQUIDATION A business can be Voluntarily liquidated at the Companies Offices by filing a Resolution to that effect. These Liquidations take about 2 weeks and is substantially cheaper than High Court Liquidations. The effect of a Company's Office Liquidation is the same as that of a High Court Order. We draft all documentation and work electronically to ease your burden as much as possible. Once Liquidated, all debt of the company is written off (*except debt that the director/member signed personal surety for or Customs and Excise Taxes).

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CONTACT
LIQUIDATION EXPERTS

 

OUR ADDRESS

A2, 43 Estcourt Ave, Wierdapark, Centurion, Gauteng

Vista Law Chambers. 410 Vista Drive, Faerie Glen, Pretoria

 Tshwane, Gauteng.  https://vistalawchambers.co.za/

Email: info@liquidationexperts.co.za

Tel: 087 153 5659
Fax: 086-516 5380

https://www.facebook.com/www.liquidationexperts.co.za

Office Cape Town: Business Hub, Alfred Chambers, 2nd Floor,
Cape Town Cruise Terminal,
V&A Waterfront,
Cape Town,
8001

Office Durban: 4A Glendale Avenue, Westville, Durban, Gauteng, 3629

USA

2055 Limestone Road
Wilmington
Delaware
United States

For any general inquiries, please fill in the contact form:

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