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hello everyone youre watching saheb Academy if you like our videos then please subscribe to our Channel and also hit the bell again for the regular updates and also follow us on Instagram so have Academy now lets go to the video hi everyone in this video we are going to start this new chapter of company account status liquidation of companies now in this chapter liquidation of companies its a very simple and easy chapter believe me its very simple because here theres very little accounting mostly here it is format ok this chapter is based on format because it is based on look right this process liquidation process its based on law so that is why here entire thing is mostly it is format piece fine so now lets start off the chapter lets understand what is liquidation of companies and why are we doing liquidation of companies ok lets understand that lets start all this chapter now I have written the meaning over here see here its very simple liquidation is the legal procedure b