Drum-Buffer-Rope is an intuitive solution to a seemingly complex problem. DBR is seen in many areas including Agile Development, Manufacturing, and Medicine (Emergency Room Visits). Itâs an effective business tool to manage the constraints that every business faces.
There are also a series of meetings and communication that the liquidator is bound to action and they will need to keep creditors informed as to the progress of the liquidation. Liquidation also means that the conduct of the former directors will be examined.
Liquidation usually means the companyâs trading stops and itâs assets are turned into cash or âliquidatedâ. All other possible liabilities, like employment or renting a property, are stopped. It really is the end of the company, but the âbusinessâ may survive.