 At the conclusion of the liquidation, the company is dissolved.Where the assets of the company are in jeopardy, or where the company has engaged in misconduct, it is possible to seek the appointment of a provisional liquidator.For both individual and creditors, where any creditor also owes money a company or an individual who goes into liquidation or bankruptcy, then upon the making of the order the sums due between the parties are set-off so that only a net sum due is owed either to the creditor or the insolvent party.