Speaker(s)
- Ms Joyce Lau FCG HKFCG, Executive Director, Business Services, Tricor Services Limited
- Ms Ella Wong FCG HKFCG, Director, Corporate Services, Tricor Services Limited
Description
Speaking of business restructuring, we always relate it with insolvency and bankruptcy of business in crisis. Business restructuring through Members’ Voluntary Liquidation (“MVL”) can also be an active action to better manage your business to prepare for the future challenges. Two experts from Tricor will discuss the procedures of liquidation and matters to consider prior to the commencement of liquidation.
Outline
- Outline of statutory procedures for MVL
- Major pros and cons of MVL from accounting and company secretarial perspectives
- Identifying pre-liquidation housekeeping issues - unwinding assets and liabilities
Key learning points
- How to dissolve a target company that match with your company’s needs and available resources
- Advice on the appropriate timing to kick off the liquidation of company
- Identify issues to address prior to the commencement of liquidation
- Case studies to illustrate common practical issues with solutions
(Recorded in August 2023)
Level: Intermediate
Speakers' bios:
Ms Joyce Lau
Ms Ella Wong