In Australia, a Liquidation is the legal process of winding up a Company’s affairs and this applies to all Pty Ltd or Ltd Companies which have been incorporated under the Australian Corporations Act. A Company liquidation is necessary when your Company is unable to pay all its creditors in full because it does not have sufficient funds or assets or if the Company is trading insolvently. Some times things may not be as dire as you thought and your Business may be … Continue reading Business Restructuring