Declaration of Solvency

Members' Voluntary Liquidation (Members' Voluntary Winding-Up)
Members' Voluntary Liquidation (MVL) is the process of winding up a solvent company by the members' resolution, followed by the appointment of a liquidator and declaration of solvency by directors.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.