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What is the purpose & criteria of a Winding up petition
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In the domain of credit management, understanding winding-up petitions is essential for safeguarding your company’s financial health.
We’re pleased to bring you this series on Winding-Up Petitions & The Consequences They Can Have On A Business.
This series delves into winding-up petitions, outlining the process and consequences of potential compulsory liquidation. Join us as we explore this critical aspect, ensuring you’re equipped to navigate the complexities with confidence.
Special thanks to Alison Beard and our partners at Silverback Commercial Law Services Limited Law for their support.
Let’s kick off this series by exploring the purpose of a Winding-Up Petition and the criteria a debt must meet to be issued.