📂 Special resolution

This legal template refers to a document catering to the requirements of a special resolution to place a company into voluntary liquidation, as per UK law. When a company is unable to meet its financial obligations and is no longer viable, the directors or shareholders may choose to initiate the liquidation process voluntarily. This template would outline the necessary steps and procedures involved in this process, including the appointment of a liquidator, the distribution of assets to creditors, the winding up of affairs, and the dissolution of the company. It would provide a clear framework and guidelines for the company to follow, ensuring compliance with the relevant legal provisions and helping to navigate through the complexities of the voluntary liquidation process.