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Your company might be forced into compulsory liquidation if you don't pay creditors.
What are the duties of a company director in compulsory liquidation proceedings?
Huge debts had been built up and the businesses were subject to compulsory liquidation.
By 1899 the company was in serious financial difficulties, and it went into compulsory liquidation on 1 November that year.
Its wholesale arm has now gone into compulsory liquidation.
Who can put a company in compulsory liquidation?
The firm went into compulsory liquidation in 2009.
Where can I get advice about compulsory liquidation?
Limited companies that can't pay their creditors are 'insolvent' and can face compulsory liquidation.
But in most cases compulsory liquidation will normally be commenced by one or more creditors.
Industry figures hit a peak earlier this year with 5,055 compulsory liquidations between April and June.
The estimates include both voluntary and compulsory liquidations.
In almost all compulsory liquidations, the liquidator is required to establish a liquidation committee.
In compulsory liquidation, the liquidator must assume control of all property to which the company appears to be entitled.
This is also known as compulsory liquidation.
Experts are predicting a renewed surge in compulsory liquidations in the spring.
They go into voluntary or compulsory liquidation.
On 5 August 2015 the charity ceased operations and announced it would begin the process of placing itself into compulsory liquidation.
In October 2007, as his company went into compulsory liquidation, a £3m freezing order was placed on his assets, leaving him without any income.
It may order the application, in so far as it deems necessary, of the compulsory liquidation rules.
A compulsory liquidation is ordered by the court, typically following the petition of a creditor, the company or a shareholder.
In October 2011, the studio was placed into Compulsory liquidation and was closed.
By 1931 the company was in compulsory liquidation, although they continued trading in their more profitable fields for several years, building small volumes.
A compulsory liquidation is usually the result of an action taken by one or more creditors of an insolvent company.
There is a different guide if you're a creditor who is owed money by a company in compulsory liquidation.