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Company Dissolution

Company dissolution is the legal process of closing a company, which may involve voluntary winding up by shareholders or forced liquidation due to insolvency.
Our Services
  • Guidance on the dissolution process and implications.
  • Preparation and filing of necessary documents with the SECP.
  • Assistance with settling debts and distributing assets.
  • Consultation on tax implications
  • Legal representation in disputes arising during dissolution.
Procedure for Company Dissolution
  • Board Resolution: Pass a resolution to dissolve the company
  • Notify Creditors: Inform creditors and settle any outstanding debts.
  • Filing with SECP: Submit a dissolution application along with required documents.
  • Settling Debts: Pay off outstanding debts and obligations.
  • Asset Distribution: Distribute remaining assets among shareholders.
  • Obtain Clearance Certificate: Receive a tax clearance certificate from the FBR.
  • Publication of Notice: Publish a notice of dissolution in a widely circulated newspaper.
  • Obtain Certificate of Dissolution: Receive a certificate from the SECP confirming dissolution.
Relevant Laws and Acts
  • Companies Act, 2017
  • Income Tax Ordinance, 2001

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