618 Bees Insolvency Services

618 Bees Insolvency Services

September 24, 2025

 

At 618 Bees, we know that not every business journey ends with growth and expansion. Sometimes, companies face challenges that require restructuring, winding down, or insolvency proceedings. Our Insolvency Services are designed to provide clarity, compliance, and professional guidance through these critical moments.

What We Do

We support businesses, creditors, and investors with expert solutions in:

  1. Voluntary Liquidation:Helping shareholders and directors close their companies legally and efficiently.
  2. Creditors’ Voluntary Liquidation (CVL):Supporting companies unable to meet their obligations, while ensuring compliance with Nigerian insolvency laws.
  3. Compulsory Winding-Up:Assisting with court-ordered liquidation processes.
  4. Receivership and Business Restructuring:Guiding businesses through recovery, debt restructuring, or asset management.
  5. Advisory for Creditors:Protecting creditors’ rights and ensuring fair distribution of company assets.

 

Why Choose 618 Bees?

  • Legal and Regulatory Expertise: Our team understands the intricacies of Nigerian insolvency law and regulatory requirements.
  • Transparent Processes: We provide clear timelines, obligations, and outcomes so clients are never left in the dark.
  • Tailored Guidance: Every situation is unique, whether you are winding up voluntarily or facing financial distress, we craft strategies to fit your business needs.
  • End-to-End Support:From statutory filings with the Corporate Affairs Commission (CAC) to representation in court proceedings, we handle the process seamlessly.

Who We Serve

  • Entrepreneurs and SMEs: seeking orderly closure of businesses.
  • Investors and Shareholders: requiring formal liquidation processes.
  • Corporate Groups: restructuring subsidiaries.
  • Creditors: pursuing recovery in insolvency cases.

Partner with 618 Bees

Closing or restructuring a business is never easy, but it doesn’t have to be chaotic. With 618 Bees, you gain a partner that combines legal precision, regulatory compliance, and professional integrity to guide you every step of the way.

Contact us today: hello@618bees.com | www.618bees.com | +234 901 719 0079

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Frequently Asked

  • What additional documents do I require to file my Annual Returns?
  • What’s the difference between a business name and an LLC?

    • A business name is a sole proprietorship, usually owned and managed by one individual only. Legally, the sole proprietor and his business are one. It simply means an individual trading with an alias. The sole proprietor is personally liable for all business related obligations.

    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 
  • What is a testimonium clause in an agreement?

    This is the part of the agreement where the witness attests to have witnessed the execution of the agreement.
  • What are the product categories available when registering with NAFDAC?

    The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water
  • Can I use the data collected legally for one purpose for another purpose?

    No, you can’t use the data collected for one purpose for a different purpose.
  • What is the difference between licensing and assigning a patent?

    Licensing a patent means granting permission to another individual or organisation to make, use as well as sell the creation that has been protected by patent.

    A patent assignment on the other hand, is a finished exchange of patent rights starting with one individual then onto another person.
  • Is there a penalty for late renewal of registration of products with NAFDAC?

    Yes, there is a late renewal fee, which is dependent on the category of the product.
  • Why do i need a Shareholders Agreement?

    You need a Shareholders Agreement to protect your investment in a company.  The shareholders Agreement establishes a fair relationship between all shareholders and sets out how the company is run.
  • Can I trademark my logo and name separately? Why is this a good idea?

    Yes you can. The advantage is that it gives you the opportunity to have more than one logo or the opportunity to change your logo easily as opposed to registering the name and the logo as one trademark.
All FAQs