Expert: Steven Taylor - 4/8/2010

Question
Please could you tell me what's happen when a company is dissolved?
Shares holders...
Thank you

Answer
A company is dissolved when it intends to end forever. All assets are sold and debts paid with the proceeds. Common shareholders receive any assets left after all creditors and debtors are paid first. Usually, companies are dissolved when there are either minimal or no assets left, and the company's directors have determined there is worth in continuing the company. In those cases, shareholders receive no value.