compulsory liquidation
1compulsory liquidation — ➔ liquidation * * * compulsory liquidation UK US noun [C or U] (also forced liquidation) ► LAW a situation in which a company must stop operating and sell all its assets in order to pay its debts: force/place/put into compulsory liquidation » The …
2compulsory liquidation — Under Chapter IV of Part IV of the Insolvency Act 1986, liquidation of a company by court order on the petition of creditors, members or the company itself using procedures contained in the Insolvency Act 1986. Easyform Glossary of Law Terms. UK… …
3compulsory liquidation — compulsory winding up The liquidation of a company by a court. A petition must be presented both at the court and the registered office of the company. Those by whom it may be presented include: the company, the directors, a creditor, an official …
4compulsory liquidation — compulsory winding up The winding up of a company by a court. A petition must be presented both at the court and at the registered office of the company. Those by whom it may be presented include: the company, the directors, a creditor, an… …
5compulsory liquidation — /kəmˌpʌlsəri ˌlɪkwɪ deɪʃ(ə)n/ noun liquidation which is ordered by a court …
6compulsory winding-up — compulsory liquidation …
7liquidation — index aberemurder, assassination, cancellation, composition (agreement in bankruptcy), discharge (payment), dispatch (act of putting to death) …
8Liquidation — Winding up redirects here. For other uses, see Wind up (disambiguation). Not to be confused with liquification, a concept in physics. In law, liquidation is the process by which a company (or part of a company) is brought to an end, and the… …
9Liquidation — When a firm s business is terminated, assets are sold, proceeds pay creditors and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a Long or short position. Related: buy in, evening up, offsetliquidity.… …
10liquidation — Occurs when a firm s business is terminated. assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a long or short position. Related: buy in, evening up …
