Thus, the company joins the list of startups that were forced to end their operations due to the COVID-19 pandemic. Sorabel explained that it did its best to save the business, but had had to go through liquidation.
The liquidation process includes the disbandment of the organisation by a liquidator followed by debt collection and asset distributions to claimants, as per E27.co.In addition, the management promised to help employees find a new job from the investors’ network of more than 100 companies.
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