During the process of liquidation a corporation must file regular income tax returns as though it were an ordinary corporation. Where it elects toBickford, George PW.res.l.rev
The settlement of the financial affairs of a business or individual through the sale of all assets and the distribution of the proceeds to creditors, heirs, or other parties with a legal claim. The liquidation of a corporation is not the same as its dissolution (the termination of its existen...
17:3A-2. Application during liquidation for order to destroy records, etc.; notice of application; publication; order for destruction At any time during the liquidation of a corporation, the liquidator may apply to the Superior Court for an order authorizing the destruction of such of the record...
Corporationliquidationis an important part of the corporation legal system. 公司清算制度是公司法制度中的一项重要内容. 期刊摘选 The insurance supervision and administration department shall undertake aliquidationgroupliquidationaccording to law. 由保险监督管理机构依法及时组织清算组,进行清算. ...
Liquidation破产清算,法律英语,经贸英语 Liquidation破产清算 In law, liquidation is the process by which a company (or part of a company) is brought to an end, and the assets and property of the company redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although...
Liquidation of a company refers to the process of selling a corporation's assets to pay obligations and settle liabilities. In the event that a business is liquidated owing to bankruptcy, the liquidator may sell the company's assets to satisfy all outstanding debts. Any money left over after ...
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 ...
A voluntary liquidation is an action that may be taken by shareholders of a company in order to honor the outstanding debts of the corporation. This is in contrast to involuntary liquidations, such as a Chapter 7 bankruptcy, where the court of jurisdiction will order the sale of assets in ...
IDEAL TRADING CORPORATION 30 Richboynton Rd | Dover, NJ 07801 Tel: 973.343.6684 Fax: 973.585.6116 After Hours: 973.694. 3900 Hours: 9 a.m. to 6 p.m. ET, Monday - Friday customer-service@idealtrade.com liquidation@idealtrade.com ...
A corporation with liabilities outweighing assets may also undergo voluntary liquidation, expecting a compulsory liquidation should they fail to pay off a significant portion of their debt. This type of voluntary liquidation is considered an appropriate response to an insolvent situation. ...