voluntary liquidation - Hutchinson encyclopedia article about voluntary liquidation Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,581,496,236 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
?

voluntary liquidation

   Also found in: Dictionary/thesaurus, Legal, Financial 0.01 sec.

voluntary liquidation

Resolution by the members of a company to appoint a liquidator to wind up the company. In a creditors' liquidation the company is insolvent. In a voluntary, or members', liquidation the company is solvent and the directors must make a declaration to this effect. If it appears to the liquidator that the company will be unable to meet its debts then they will call a meeting of the creditors and a compulsory liquidation will take place.



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?
No references found
 
Caerphilly County Borough Council was notified by Bedwas-based Independent Community Transport, trading as CATS and TopKats Travel, that they were due to go into voluntary liquidation at a minute to midnight yesterday.
The domino effect of bad debt is highlighted by the latest figures from the Insolvency Service, which showed that 4,607 companies went into compulsory liquidation or creditors' voluntary liquidation during the fourth quarter of 2008 in England and Wales.
s voluntary liquidation is when the owners of a company, meaning its shareholders, stockholders or partners, choose to liquidate their assets in order to settle their debts.
 
 
Voluntary IMO
Voluntary Import Expansion
Voluntary Import Expansion
Voluntary Import Expansions
Voluntary Indefinite
Voluntary Indicative Scale of Contributions
Voluntary Initiative
Voluntary Initiatives for Sustainability in Tourism
Voluntary Inspiratory Vasoconstrictor Episode
Voluntary Insurance
Voluntary Interdistrict Choice Corporation
Voluntary Interindustry Commerce Standards
Voluntary Interindustry Commerce Standards EDI
Voluntary Interindustry Communications Standards
Voluntary Intermodal Sealift Agreement
Voluntary Intermodal Sealift Agreement
Voluntary Interruption of Pregnancy
Voluntary Investigation and Cleanup
Voluntary Investment Program
Voluntary jurisdiction
Voluntary jurisdiction
Voluntary Land Corps
Voluntary Leave Transfer Program
Voluntary Leaving
voluntary lien
Voluntary Liens
Voluntary Life Insurance
voluntary liquidation
Voluntary Liquidations
Voluntary Liquidations
Voluntary Liquidations
Voluntary Load Reduction
Voluntary Load Reduction Program
Voluntary Lock Down
Voluntary Long-Term Disability Insurance
Voluntary manslaughter
Voluntary manslaughter
Voluntary manslaughter
Voluntary manslaughter
Voluntary manslaughter
Voluntary Marine Conservation Area
Voluntary Marine Conservation Association
Voluntary Meal Plan
Voluntary Medical Service Medal
Voluntary Medical Termination of Pregnancy
Voluntary Medicare Quality Reporting Act
Voluntary Mercury Reduction Agreement
Voluntary migration
Voluntary Milking System
voluntary movement
voluntary movement
voluntary movement
voluntary movement
voluntary movement
voluntary muscle
voluntary muscle
voluntary muscle
voluntary muscle
 
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.