Company Liquidation Process | Step-by-Step Guide

Описание: Company Liquidation Process | Step-by-Step Guide
Wondering how companies are legally shut down in India? In this video, we provide a complete and practical guide to the company liquidation process under the Insolvency and Bankruptcy Code (IBC), 2016. Whether it's voluntary liquidation by a solvent company or compulsory liquidation after insolvency, we explain it all—step-by-step.

✅ What you'll learn: 00:00 – Introduction
Legal framework: IBC, 2016 & IBBI Regulations
Voluntary liquidation process under Section 59, IBC
Compulsory liquidation after failed CIRP (Sections 33 to 54, IBC)
Role and duties of the Liquidator
Distribution of assets (Priority waterfall under Section 53)
Final dissolution and post-liquidation formalities
Directors' liabilities during liquidation
Conclusion and key takeaways
Key Laws Covered:
Insolvency and Bankruptcy Code, 2016
IBBI (Liquidation Process) Regulations, 2016
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