Companies that value goodwill in China and overseas likely would choose voluntary liquidation. Companies which cannot agree on an approach to winding up, and whose options does not include bankruptcy, can file for compulsory liquidation.WongDavydChina Law & Practice...
up adv. 1.趋于或处于直立的姿势或位置(尤含准备活动之意) 2.趋于或处于较高的地方、位置、条件、程度等 3.[~ (to sb/sth)]靠近(某人或某物) 4. 朝着重要地方或在重要地 UP 通用压力 by business n.副业,兼职 stem winding a. [美口]激动人心的,令人振奋的 最新...
It may happen because the shareholders can no longer get along, the company is in a declining business with no future prospects, the company has achieved the purpose for which it was set up, or for any other reason. Compulsory winding up (1) Outline of the procedure A compulsory winding ...
company's bottom line. The parent company may decide to wind up such a business if efforts to find a buyer for it are unsuccessful. The winding up process in this case is likely to be more orderly, and have much less of a negative impact on the economy, than a corporate winding up....
Define winding-up. winding-up synonyms, winding-up pronunciation, winding-up translation, English dictionary definition of winding-up. n the process of finishing or closing something, esp the process of closing down a business Collins English Dictionary
Winding Up Updated: November 18, 2022 Share: When a business faces insurmountable challenges,it may take the toughdecision to cease business operations and start the process of winding up. It can also have that decision thrust upon it by a court of law or through creditors. ...
Winding up 在英文下倒是比较形象,基本上可以理解到“需要把公司业务打包整个处理,就像是从桌子上的东西都被风吹干净”的意味,换到中文语境下,一时倒是确实难以用几个单字就把这种意思表达完整。 参考资料: Difference between liquidation, dissolution and winding up - Malescu Law, PA - Miami FL Business & ...
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1) business voluntary winding-up 企业停业清理 2) to liquidate; to go into liquidation 停业清理 例句>> 3) liquidation sale 停业清理大拍卖 4) closed and stopped enterprise 关停企业 1. This paper makes analysis on the data ofclosed and stopped enterprises of a certain group company,puts forward...
Winding up a business is not the same as bankruptcy, though it is usually a result of bankruptcy. Bankruptcy is a legal proceeding that an entity pursues when they can no longer pay their debts or financial obligations. In bankruptcy proceedings, creditors attempt to gain access to a company'...