A liquidator is a person who identifies and sells off all of the assets associated with a business. Liquidators are called in when...
The business will voluntarily contact a liquidator to help settle any debts or legal disputes. A liquidation process is then set in place, in which the business owner agrees to cooperate and pay back debts. Compulsory liquidation Compulsory liquidation occurs when lenders or creditors petition to...
What is Open Interest? What is Liquidation Value? What is a Liquidator? Discussion Comments Byanon31848— On May 12, 2009 Can anyone discuss or explain what is meant by voluntary liquidation? WiseGeek, in your inbox Our latest articles, guides, and more, delivered daily. ...
The process of voluntary liquidation typically follows a set of steps to ensure a fair and orderly winding up of the company’s affairs. Here is a brief overview: Appointment of a liquidator: The company’s directors must appoint a licensed insolvency practitioner as the liquidator, who will ov...
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Liquidator (noun) A person appointed to wind up the affairs of a company or firm. Example: “The company was unable to pay its debts, and a liquidator was called in to sell off the assets.” Liquidity (noun) The availability of liquid assets to a market or company. ...
Following the issuance of a liquidation order, a provisional liquidator and an official liquidator will be appointed to assume control and prepare to sell the developer's assets in order to repay its debts.The liquidators may propose a new debt restructuring plan to offshore creditors holding $23...
Once a loan is liquidated, any user on the Ethereum network has the opportunity to purchase the original collateral ETH at a discount. When combined with arbitrage, this allows a liquidator to quickly make a profit by buying and reselling the asset via a market with a higher price. This fo...
aan assignment for the benefit of its creditors is made, a receiver, liquidator or similar official is appointed, or a like event occurs; or 一项任务为它的债权人的目的被做,接收器,清算人或相似的官员被任命或者a,如事件发生; 或[translate] ...
A voluntary liquidation resolution must be initiated by a company’sboard of directorsor ownership. The process begins after a resolution to cease operations approved by the company’s shareholders. The shareholder vote is commonly followed by the appointment of a liquidator who will liquidateassetsto...