Creditors' voluntary liquidation - Hutchinson encyclopedia article about Creditors' voluntary liquidation Printer Friendly
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liquidation
(redirected from Creditors' voluntary liquidation)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.

liquidation

In economics, the winding up of a company by converting all its assets into money to pay off its liabilities.



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? Mentioned in ? References in periodicals archive
 
Notice is hereby given that an Ordinary Resolution for the winding up of the above named Company by means of a Creditors' Voluntary Liquidation was passed on 19 October, 2009 at a General Meeting of Members.
The court concluded that the question had been correctly answered even though certain companies with which a director had been involved had been placed either into administrative receivership or into creditors' voluntary liquidation.
Mr Kings said: "I can confirm that Energy Efficient Windows Ltd has gone into creditors' voluntary liquidation.
 
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