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 Glossary   >   C   >   "Compulsory liquidation" Definition   

        Compulsory liquidation

Liquidation of a company brought about by a court order, usually as the result of a petition by an unpaid creditor.

Compulsory liquidation


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Compulsory liquidation - Liquidation of a company brought about by a court order, usually as the result of a petition by an unpaid creditor.


Compulsory liquidation : liquidation of a company brought about by a court order, usually as the result of a petition by an unpaid creditor.