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UKSolicitorJA, Solicitor
Category: Law
Satisfied Customers: 4312
Experience:  English solicitor with over 12 years experience
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I am 100% shareholder can I liquidate the company with immediate

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I am 100% shareholder can I liquidate the company with immediate effect as I feel the director is running the company poorly and running at a loss

Yes, you may liquidate your company if it is able to,pay off its debts.

See here for the process of doing so

Hope this helps
Customer: replied 3 years ago.
What if it can't pay off its debts and is knowingly running waiting for someone to bankrupt them.the company is in a cva at the moment. Can I tell the cva administrator to liquidate the company as it can't maintain the cva payment monthly
You may ask the creditors to wind the company up but you can't do a members voluntary liquidation as the company is not solvent.

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