company in liquidation

I want to understand more about the steps required to place my company in liquidation.

Nor do they apply to companies in liquidation after the first 12 months.

Can a company in liquidation change its name?

As is often the case, a company in liquidation has no assets with which to bring an action for wrongful trading.

These offences are ones of which a past or present officer of a company in liquidation can be found guilty.

Remember: Not all companies in liquidation are insolvent.

The liquidator of the sole company in liquidation indeed assigned the cause of action to him.

Q. How do I find out about placing my company in liquidation (or any other insolvency proceeding)?

As the company in liquidation remains in being, although controlled by the liquidator, sales are made by the company.

The court held that a trustee or liquidator is not privy to the insolvent or to the company in liquidation.

The established procedure for overseas subsidiaries of British companies in liquidation is to put them into liquidation separately in their own jurisdiction.

In this case, the plaintiffs were a finance house and the defendants were a company in liquidation and liquidators of that company.

An insolvency practitioner appointed to realise the assets of a company in liquidation and make payments to secured, preferential and unsecured creditors in strict order of priority.

On 28th February 2013 Mainzeal Property & Construction Ltd and further companies in the group were placed into liquidation - making a total of twelve companies in liquidation.

In the absence of definitive legal guidance, companies in liquidation are moving forward with these types of data sales cautiously, in an attempt to balance creditors' interests with consumers' privacy concerns.

One transaction cited by prosecutors involved bonds issued by Confederation Life Insurance, a company in liquidation, which netted $5.6 million for Mr. Canale and Mr. Connolly.

The company was then renamed to QPhonics AG and finally in 2013 turned into a company in liquidation with the name Abwicklungsgesellschaft QPH AG.

Belmont, a company in liquidation, sued a number of defendants, including the majority of its own directors, for conspiracy to procure Belmont to buy shares in another company at a gross overvalue.

If a company in liquidation was registered at Companies House as 'ABC Limited' and it used the trading name 'XYZ', then the following would all be classed as prohibited names:

Where, however, the first action is a nullity, for instance because the plaintiff sues a limited company in liquidation without leave of the court, discretion may be exercised (Wilson v Banner Scaffolding (1982) The Times, 22 June).

If you are - or intend to be - a director/proprietor of a company/business that buys the whole - or a substantial part - of the company in liquidation from the liquidator, you can reuse the name of your former company.

Following the October 3, 2001, court order placing the company in liquidation, the Pennsylvania Insurance Department took over control of the Estate of Reliance, which began a long, complicated, and ongoing process of determining the full extent of the company's liabilities and distribution of all of its assets.

In Lipschitz and Another NNO v Wolpert and Abrahams an important case in South African law, the auditors of a company in liquidation were sued under section 184 of the Companies Act to contribute an amount in excess of R3 million to the company's assets as compensation.

In some circumstances it may appear ideal for the directors, however if they trade under a name which is the same or substantially the same as the company in liquidation without approval from the Court they will be committing an offence under S216 of the Insolvency Act 1986 (and equivalent legislation in UK regions).