Ways through which a public limited company may be dissolved

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Stardom22

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When it's a resolution by the shareholders to dissolve the company during the annual general meeting with an aim of winding up the company.

 

Magnus2022

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A public limited company can be dissolve by a consensus by the shareholders. Most times, they use legal or litigation to disintegrate a PLC because there is a always room for disagreement and contention.

 

Shavkat

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As I perceived it, it can be dissolved once the majority voted for it. That's the role of having stakeholders in a company.

 

Reedex

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If a public limited company is to liquidate then it should filed for bankruptcy which will be taken up by the government.

 

uptrendfinancialsignal

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A public limited liability company would be desolved legally.

 

Reedex

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Understanding the course of the business failure would help out in creating ways to dissolve it.

 

Niyi Briggs

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I actually have not seen a limit liability company dissolve to be able to say how it's dissolved. In my place, they hardly liquidate. If things are so bad, they do a merger.

 

Heatman

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Magnus2022 said:

A public limited company can be dissolve by a consensus by the shareholders. Most times, they use legal or litigation to disintegrate a PLC because there is a always room for disagreement and contention.

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Personally I believe that this is one of the best ways to end such kind of business set up because whenever the whole shareholders are no longer interested in having the business being workable, then it is time to end the business.