2 minutes

Return of Final Meeting in a Members Voluntary Winding Up refers to a legal document that signifies the completion of the winding-up process of a solvent company under a members’ voluntary liquidation.

A members’ voluntary liquidation is a process initiated by the directors and shareholders of a solvent company to wind up its affairs and distribute its assets among the shareholders. This process typically occurs when the company’s purpose has been fulfilled, or the shareholders wish to retire or move on to other ventures.

Throughout the members’ voluntary liquidation process, various steps are taken, including the appointment of a liquidator, realisation of the company’s assets, settlement of liabilities, and distribution of remaining funds to the shareholders. The final step in this process is the convening of a final meeting.

During the final meeting, the liquidator presents a summary of the liquidation process, including details of the assets, liabilities, and the steps taken to wind up the company’s affairs. The shareholders attending the meeting approve the liquidator’s report and the final accounts, signifying their agreement with the liquidation process.

After the final meeting, the liquidator prepares and submits the “Return of Final Meeting in a Members Voluntary Winding Up” to Companies House. This document serves as a formal notification to the registrar that the winding-up process is complete, and the company can be officially dissolved.

The Return of Final Meeting typically includes information such as the date and details of the final meeting, a summary of the liquidation process, and confirmation that the affairs of the company have been wound up and its assets distributed among the shareholders.

Upon the registrar’s receipt and approval of the Return of Final Meeting, the company will be struck off from the register and dissolved. At this point, the company will cease to legally exist as a separate entity.

All UK company liquidation notices and updates are tracked centrally by Doorda.