Get Approval to Liquidate Public Joint Stock Company
This service allows you to obtain the necessary approval to liquidate a public joint stock company in accordance with the legal and regulatory procedures in Oman. Through this service, you can settle liabilities, distribute assets to shareholders, and complete the winding-up process in compliance with applicable laws.
Financial Services Authority
Before you start
- Extraordinary General Assembly Resolution
- Board of Directors Resolution
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Service category and fees Show
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Steps
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1
Coordinate with Muscat Clearing and Depository Company to delist a company
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2
Confirm deposit of liquidation proceeds in Investor Trust Fund
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3
Confirm company registration cancellation
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4
Issue a decision for company dissolution and liquidation, and appoint a liquidator
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5
Register a Company Liquidation Decision with the Ministry of Commerce
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6
Publish the liquidation decision after registration with the registrar
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7
Notify creditors of the commencement of the company's liquidation
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8
Invite shareholders to the Extraordinary General Assembly meeting if liquidation exceeds one year
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9
Submit the final liquidation report and audited closing accounts
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10
Follow up the shareholders' approval of the final report and closing account
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11
Ensure the submission of the shareholders' approval for the conclusion of the liquidation to the Ministry of Commerce
