On 12 July, the House of Commons Library in the UK published a briefing paper which explains compulsory liquidation, which is when a court orders than an insolvent company be closed down.
https://researchbriefings.files.parliament.uk/documents/SN04937/SN04937.pdf
Any modest contributions for my time and ongoing expenses are welcomed! I have a page where you can do so, and where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y