China's updated Company Law, set to take effect on July 1, 2024, introduces new provisions governing thedissolutionand liquidation of companies. These articles outline procedures for dissolution,liquidation, and Deregistration, as well as delineate the entities responsible for carrying out these process...
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If the Company is wound up, the Company may with the sanction of a Special Resolution and any other sanction required by the Law divide the whole or any part of the assets of the Company among the Membersin specieand the liquidator or where there is no liquidator the Directors may for th...
If the Company is wound up, the Company may with the sanction of a Special Resolution and any other sanction required by the Law divide the whole or any part of the assets of the Company among the Members in specie and the liquidator or where there is no liquidator the Directors may for...
winding-up of company是什么意思,winding-up of company的解释:法 解散公司, 公司清理...,winding-up of company中英例句,英汉词典。
A company can be closed down by a process of winding up, which is also known as liquidation. When it comes to winding up in Myanmar, there are mainly two laws which are (1) Myanmar Companies Law, 2017 (“MCL”) and (2) Insolvency Law, 2020 (“IL”). Basically, winding up of com...
In order to prove an act of insolvency in Lynn & Main Inc v Naidoo 2006 (1) SA 59 (N) (also discussed in the chapter on the Law of Evidence), the applicant in sequestration proceedings adduced a letter from the respondent's attorney. The letter, which included a statement that it ...
题目 In relation to winding up of a company under company law:(a) state how winding up by the court is initiated and how voluntary winding up is initiated; (4 marks) 相关知识点: 试题来源: 解析 [*]C:\Documents and Settings\Administrator\My Documents\图片\9.jpg 反馈 收藏 ...
compulsory winding up a procedure for the dissolution of a company involving a petition presented to the court, usually by a creditor. The petition must be based on one of the grounds specified in the Companies Act. The most usual ground is that the company is unable to pay its debts. ...
Corporate and Business Law (LW) Technical articles Winding up Introduction There are two ways in which a company may be wound up: by the company voluntarily (voluntary winding up), or by the court (compulsory winding up). Conceptually there is no relationship at all between how a winding up...