Compulsory liquidation, also known as compulsory winding-up, is the process of liquidating a company by a court order. This detailed guide covers its definition, examples, frequently asked questions, related terms, and further reading suggestions.
Ordinary Shareholders' Equity, often called Ordinary Shareholders' Funds, represents the remaining value of a company's assets after all liabilities and obligations to other shareholders are met, making this the equity available for distribution to ordinary shareholders.
A winding-up petition is a legal document presented to a court in the UK, seeking an order for a company to be placed into compulsory liquidation, typically due to insolvency.
