Liquidation Services Turning Complexity into Clarity

Q: What is the difference between striking off and liquidation?

Striking off is suitable for companies with no assets, liabilities, or pending obligations and provides a simple closure method. Liquidation , on the other hand, is a formal process involving the appointment of a liquidator to settle liabilities, distribute assets, and close the company in accordance with statutory requirements.

At NS Global Consultants Pte. Ltd., we understand that the process of winding up a company is not merely a legal formality — it is a critical phase that requires precision, transparency, and strategic management.

Liquidation Services

Our Liquidation Services are designed to guide companies through every step of the liquidation process — whether voluntary or compulsory — ensuring compliance with regulatory requirements while protecting the interests of all stakeholders.

With a focus on efficiency and accountability, we help clients navigate the complexities of closure, from assessing liabilities and managing assets to preparing statutory filings and communicating with creditors. Our goal is to deliver a smooth, compliant, and professionally managed process that allows business owners to close operations responsibly and with peace of mind.

Our Core Services

Members’ Voluntary Liquidation (MVL) – Assisting solvent companies in distributing surplus assets and winding up operations efficiently.
Creditors’ Voluntary Liquidation (CVL) – Managing the orderly winding up of insolvent companies in full compliance with statutory procedures.
Striking Off of Companies – Advising on and executing voluntary strike-offs for inactive or dormant entities.
Regulatory Compliance & Documentation – Preparing and filing required statutory forms, resolutions, and reports with regulatory authorities.
Coordination with Stakeholders – Engaging with auditors, creditors, and regulatory bodies to ensure a transparent process.
Final Accounts & Closure Support – Preparing final statements, account settlements, and completion reports to ensure a seamless closure.

Expertise in Liquidation
Mr. Rangarajan Narayanamohan

Licensed Insolvency Practitioner | Chartered Accountant | Corporate Recovery Specialist

Our liquidation services are spearheaded by Mr. Rangarajan Narayanamohan, a licensed insolvency practitioner and Chartered Accountant with over 30 years of experience in corporate restructuring, insolvency, and financial recovery.

Mr. Narayanamohan has acted as Liquidator, Judicial Manager, and Receiver for a wide range of companies across industries. He is known for his balanced approach — protecting stakeholder interests while ensuring compliance with legal and regulatory frameworks. His deep understanding of Singapore’s insolvency laws, combined with practical problem-solving skills, enables him to manage complex liquidation cases with clarity and efficiency.

“An orderly liquidation is not the end — it’s a responsible conclusion, and sometimes a path to a fresh start.”
– Mr. Rangarajan Narayanamohan

Why Choose NS Global Consultants Pte. Ltd.,

Comprehensive experience in corporate liquidation and restructuring matters
Detailed knowledge of regulatory frameworks and compliance requirements
Transparent communication and end-to-end coordination
Efficient timelines and cost-effective execution
Ethical approach focused on integrity, compliance, and client assurance

Guiding You Through a Responsible Exit

At NS Global Consultants Pte. Ltd., we combine technical expertise with a client-focused approach to make liquidation a structured, transparent, and hassle-free process. Whether you’re closing a dormant company or winding up a complex entity, our team ensures compliance, clarity, and closure — every step of the way.

Connect with us to discuss how we can assist with your company’s liquidation needs and provide the clarity and confidence to move forward.

Need Clarity?

Frequently asked questions.

Still unsure how our Liquidation services can streamline your business?

What is the difference between striking off and liquidation?

Striking off is suitable for companies with no assets, liabilities, or pending obligations and provides a simple closure method.
Liquidation, on the other hand, is a formal process involving the appointment of a liquidator to settle liabilities, distribute assets, and close the company in accordance with statutory requirements.

When should a company consider liquidation?

A company should consider liquidation when it becomes insolvent, is no longer operational, or the shareholders have decided to wind up operations voluntarily to distribute remaining assets or settle obligations.

What is the role of a liquidator?

A liquidator is a licensed professional responsible for overseeing the liquidation process — including realizing assets, settling liabilities, and ensuring compliance with statutory obligations before formally dissolving the company.

How long does the liquidation process take?

The duration depends on the complexity of the company’s affairs and whether it is solvent or insolvent. Typically, the process can take anywhere between three to twelve months.

Can we choose our own liquidator?

Yes, in a Members’ Voluntary Liquidation, the shareholders have the right to appoint a liquidator of their choice, subject to eligibility and professional qualifications.

What happens to company assets and liabilities during liquidation?

During liquidation, the company’s assets are realized (sold or distributed), and the proceeds are used to settle outstanding liabilities. Any remaining balance after creditor settlement is distributed among shareholders, in accordance with the law.

What documents are required to start a liquidation?

Key documents typically include the company’s latest financial statements, resolutions by shareholders, declarations of solvency (for MVL), and identification documents of directors and shareholders.