Voluntary Liquidation — An Orderly Exit for Solvent Companies.
End-to-end support for voluntary liquidation of a solvent company under the IBC, from the declaration of solvency through to final dissolution.
Book Free ConsultationA solvent company that has no further business purpose can choose to wind itself up voluntarily, provided its directors are able to declare, on the basis of the company's financial position, that it can pay its debts in full.
N D Savla & Associates supports companies in Nashik and across Maharashtra through voluntary liquidation, preparing the financial basis for the declaration of solvency and supporting the process through to dissolution.
Because the declaration of solvency is a statement directors make on their own responsibility, we make sure the financial position behind it is verified and properly documented before it is signed.
Our Voluntary Liquidation Services
Solvency Assessment
Assessment of the company's financial position to support the declaration of solvency.
Declaration of Solvency Support
Preparation of the financial statements accompanying the directors' declaration.
Asset Valuation
Valuation of company assets as part of the solvency documentation.
Liquidator Appointment Support
Financial documentation to support appointment of the liquidator by members.
Creditor Claims Process
Support in inviting and settling claims from the company's creditors.
Asset Realisation & Distribution
Realisation of remaining assets and distribution of surplus to members.
Statutory Filings
Preparation of the statutory filings required during the voluntary liquidation process.
Dissolution Support
Financial closure support through to the company's final dissolution.
Our Voluntary Liquidation Process
Solvency Review
We review the company's financial position to confirm it can support a solvency declaration.
Declaration & Appointment
The declaration of solvency is finalised and a liquidator is appointed by members.
Creditor Process
Claims from creditors are invited and settled from the company's assets.
Realisation & Distribution
Remaining assets are realised and any surplus is distributed to members.
Dissolution
Final statutory filings are completed and the company is dissolved.
Why It Matters
Frequently Asked Questions
Winding up a solvent company?
Talk to us before the declaration of solvency is signed — we’ll help you close the company correctly.
