Liquidation

Liquidation of a branch office

Author
admin
Date
2014-03-31 09:48
Views
1597
BRANCH LIQUIDATION
In case where there is some money to be repatriated after the settlement of every receivable and payable, liquidation process should be completed.
However, in case there is no money to be repatriated, branch may choose just closure process instead of liquidation, which will take lesser ¬time and expense than liquidation.
For detailed information for the liquidation process, please find attached file.
For detailed information for the closure process, please find attached file.
Attachment : closure-process1.pdf