In the IT sector, liquidation refers to the process of winding down a company’s operations, selling off its assets, and distributing the proceeds to creditors, shareholders, and other stakeholders. Liquidation can occur for various reasons, including financial distress, inability to meet debts, or a strategic decision to exit the market. In the IT industry, liquidation of company might involve selling off intellectual property, technology assets, and contracts.

Liquidation Meaning

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