Research Paper Topic Area: Liquidation 'The purpose of liquidation of an insolvent company is to have an independent and suitably qualified person (the liquidator) take control of the company so that its affairs can be wound up in an orderly and fair way for the benefit of its creditors. ' Required: Evaluate the above statement with reference to the Companies Act of Fiji (2015). Please note that you are also being required additional research on this area to complete your group assignment. Your research paper should include the following: What is meant by insolvency Different types on liquidation Reasons for liquidation of corporation Who is a liquidator and appointment of the liquidator (Fiji's statutory law on appointment of liquidator) Roles, responsibilities and duties of a liquidator in accordance with Companies Act of Fiji (2015). Remuneration of the liquidator Guidelines and rules for the liquidator and liquidation process in accordance with the Companies Act of Fiji (2015). Any other important issues and factors that your group thinks need to be considered