Deregistration and
Winding Up

Working in cooperation with local lawyers and corporate service providers, Charltons advises on the winding up and deregistration of business operations of the companies in Myanmar. Our professionals are responsive, outcome-oriented, and understand what action is required to achieve the best possible outcomes for our clients doing business in Myanmar.

We advise on compulsory winding up by the court and voluntary winding up, winding ups which are subject to the supervision of the court, schemes of arrangement, restructuring, reorganisation and rehabilitation.

We advise on risk management, contingency planning, and filing requirements. We also advise on the sale and acquisition of distressed assets.

We advise companies, company members, creditors (petitioners), debtors, liquidators and contributories depending on their needs.

Our insolvency team works closely with local dispute resolution and litigation professionals to provide full and cost effective solutions.

Part V of the Myanmar Companies Law 2017 sets out the methods by which companies may be wound-up. In addition, the new Insolvency Law, which was enacted on February 14, 2020, outlines the transition to a company winding up.