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News 2
15th October 2020
A CVL is a Creditors Voluntary Liquidation and an MVL is a Members Voluntary Liquidation. A CVL is where the company is insolvent and can not repay its creditors. The directors insitgae the process, but the creditors approve it. An MVL is where there is a solvent company, The shareholders (also known as members) wish […]
News 1
15th October 2020
A CVL is a Creditors Voluntary Liquidation and an MVL is a Members Voluntary Liquidation. A CVL is where the company is insolvent and can not repay its creditors. The directors insitgae the process, but the creditors approve it. An MVL is where there is a solvent company, The shareholders (also known as members) wish […]
