Voluntary liquidation: what is it and how do I place a company into voluntary liquidation?

Resource type: Practice note

Status: Maintained

Jurisdiction: England

This practice note describes the two types of voluntary liquidation: members' and creditors' voluntary liquidations. It explains how a company can be placed into voluntary liquidation and the effects of a voluntary liquidation. For information on compulsory liquidations, see Practice note, Compulsory Liquidation: what is it and when can a company be placed into compulsory liquidation? and Practice note, Compulsory Liquidation: How do I place a company into compulsory liquidation?

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Resource ID: 3-107-3980
Products: PLC UK Construction, PLC UK Dispute Resolution, PLC UK Finance, PLC UK Pensions, PLC UK Property, PLC UK Public Sector, PLC UK Restructuring and Insolvency
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Practice note: overview

Creditors' voluntary liquidation: a quick guide Creditors' voluntary liquidation: a quick guide (http://uk.practicallaw.com/topic7-502-2748)

Practice notes

Amended Insolvency Rules 1986: creditors' voluntary liquidation Amended Insolvency Rules 1986: creditors' voluntary liquidation (http://uk.practicallaw.com/topic2-501-3992)
Amended Insolvency Rules 1986: members' voluntary liquidation Amended Insolvency Rules 1986: members' voluntary liquidation (http://uk.practicallaw.com/topic2-501-4208)
Corporate demergers using section 110 of the Insolvency Act 1986 Corporate demergers using section 110 of the Insolvency Act 1986 (http://uk.practicallaw.com/topic0-517-1930)
Creditors of companies in financial difficulty or insolvency: top 10 FAQs Creditors of companies in financial difficulty or insolvency: top 10 FAQs (http://uk.practicallaw.com/topic3-385-2694)
Insolvency procedures for limited liability partnerships Insolvency procedures for limited liability partnerships (http://uk.practicallaw.com/topic1-503-8295)
Lease disclaimers in insolvency: effect on subtenants and other third parties Lease disclaimers in insolvency: effect on subtenants and other third parties (http://uk.practicallaw.com/topic8-385-0230)
The statutory moratorium in administration The statutory moratorium in administration (http://uk.practicallaw.com/topic4-523-9570)

Glossary

Centrebind procedure Centrebind procedure (http://uk.practicallaw.com/topic0-107-5872)

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