Insolvent liquidation - Hutchinson encyclopedia article about Insolvent liquidation Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,579,605,830 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

liquidation
(redirected from Insolvent liquidation)

    Also found in: Dictionary/thesaurus, 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.
How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
?Sign in SSL protected
Email:
Password:
Register

Mentioned in?  References in periodicals archive?   Hutchinson browser?   Full browser?
 
Directors can be held to account to a liquidator for depletion of the company's assets as a result of continued trading at a time when they knew, or ought to have known, there was no reasonable prospect of avoiding insolvent liquidation.
Know your duties and prepare to fulfil them; Susan Mairs from Clarke ... by The Journal (Newcastle, England)
It should be stressed that liability for wrongful trading cannot arise until there is no reasonable prospect that the company can avoid going into insolvent liquidation.
Know Your Law by Evening Gazette (Middlesbrough, England)
Shareholders should be aware that if the placing and open offer are not approved at the egm, the directors will have to apply for administration or to commence an insolvent liquidation of the company".
Wiggins Group in no state to fund London City track by The Racing Post (London, England)
 
 
 
Hutchinson Encyclopedia
?

Terms of Use | Privacy policy | Feedback | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.