‹ Disclaimer Part 1 – Introduction › Voluntary Liquidation Guidance Part 1 – Introduction Guidance overview and application Legal framework Insolvency proceedings ADGM Companies can be dissolved without insolvency proceedings Voluntary Strike Off Further Information Part 2 - Voluntary Liquidation Liquidation Types of Voluntary Liquidation How a liquidation is managed Part 3 – Members’ Voluntary Liquidation (MVL) When an MVL is applicable Declaration of solvency Commencement of liquidation Notice of a members’ voluntary liquidation Status of Company once liquidation commences Conversion of MVL to CVL Summary of the steps to commence an MVL Part 4 – Creditors’ Voluntary Liquidation (CVL) When a CVL is applicable Statement of Company’s Affairs Notice of voluntary liquidation Status of Company once liquidation commences Role of Directors once liquidation commences Disqualification of unfit Directors Summary of the steps to commence a CVL Part 5 – Liquidators Role of the liquidator Notice of a liquidator’s appointment What the liquidator must send to the Registrar What happens when the company’s affairs are fully wound up Court’s power to control proceedings Disclaimer ‹ Disclaimer Part 1 – Introduction ›