Members’ Voluntary Liquidation (MVL) / Bussiness Glossary, M / By Dean Cheong Members' Voluntary Liquidation (MVL) A voluntary liquidation initiated by the members of a solvent company to wind up its affairs and distribute its assets among shareholders. Guardian Advisory - Singapore Insolvency Practitioner Your trusted partner in restructuring and liquidation services in Singapore. We provide restructuring advisory services and are approved liquidators in Singapore. TALK TO US TODAY!