The law provides a simple process to appoint a liquidator, which is Creditors’ Voluntary Liquidation (“CVL”). It is a simple process that avoids the involvement of lawyers and the courts.
It starts with the directors selecting a liquidator and the shareholders signing a simple resolution to appoint a liquidator.
Yes it can. We would want to make sure CVL is the right solution so we always like to speak to the directors by phone before we are appointed.
At Dissolve we are at the forefront of using technology to make the process of appointing a liquidator simple and quick. Call or email us with company details including the company name and A.C.N. – during that call we will quote you our fixed price (sometimes there is no upfront fee) and then:
We email you an Appointment Pack (or fax or mail if you prefer)
You pay the fixed price From: $5 000
You sign and date the three documents in the Appointment Pack and email them back to us.
Yes, that’s it. No need to meet unless you want to. No Court involvement.
Yes it can.The most common impediment is when all directors cannot agree to appoint, or if all shareholders cannot be located to sign the documents. If that is likely to be the case, just tell us and we can usually draft alternative resolutions to solve the problem.