When a company is liquidated other than under insolvency proceedings and the applicable legal provisions require that the liquidation is carried out by a liquidator, KPMG can help by providing liquidation-specific services:
- conducting the stock taking and ensuring collection of receivables held by the company against third parties;
- proposing the liquidation plan to the General Meeting of Shareholders;
- ensuring the payment of debts to secured creditors, the state budget and to other creditors, etc.;
- handling the company's financial issues and filing the documentation related to the liquidation in accordance with the legal provisions.
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