126:
2367:, and the members have made a statutory declaration of solvency, the liquidation will proceed as a members' voluntary liquidation (MVL). In that case, the general meeting will appoint the liquidator(s). If not, the liquidation will proceed as a creditors' voluntary liquidation, and a meeting of creditors will be called, to which the directors must report on the company's affairs. Where a voluntary liquidation proceeds as a creditors' voluntary liquidation, a liquidation committee may be appointed.
1245:
57:
2715:. In business terms this will mean liquidating a company as the only option and then resuming under a different name with the same customers, clients and suppliers. In some circumstances it may appear ideal for the directors; however, if they trade under a name which is the same or substantially the same as the company in liquidation without approval from the Court, they will be committing an offence under §216 of the
2697:, whereby a liquidator is appointed on an interim basis to safeguard the position of the company pending the hearing of the full winding-up petition. The duty of the provisional liquidator is to safeguard the assets of the company and maintain the status quo pending the hearing of the petition; the provisional liquidator does not assess claims against the company or try to distribute the company's assets to creditors.
2072:
2403:
2060:
648:
125:
2599:
After the removal of all assets which are subject to retention of title arrangements, fixed security, or are otherwise subject to proprietary claims of others, the liquidator will pay the claims against the company's assets. Generally, the priority of claims on the company's assets will be determined
2671:
In some jurisdictions, the company may elect to simply be struck off the companies register as a cheaper alternative to a formal winding-up and dissolution. In such cases an application is made to the registrar of companies, who may strike off the company if there is reasonable cause to believe that
2659:
Having wound-up the company's affairs, the liquidator must call a final meeting of the members (if it is a members' voluntary winding-up), creditors (if it is a compulsory winding-up) or both (if it is a creditors' voluntary winding-up). The liquidator is then usually required to send final accounts
2342:
The person appointed by the holder of a floating charge debenture over a company’s assets to collect in and realise the assets of that company and to repay the indebtedness to the debenture holder. Administrative receivers can no longer be appointed by floating charge holders with the exception of
2359:
company to close voluntarily. The decision to liquidate is made by a board resolution, but instigated by the director(s). 75 percent of the company's shareholders must agree to liquidate for liquidation proceedings to advance. If a limited company’s liabilities outweigh its assets, or the company
2511:
will normally have a duty to ascertain whether any misconduct has been conducted by those in control of the company which has caused prejudice to the general body of creditors. In some legal systems, in appropriate cases, the liquidator may be able to bring an action against errant directors or
2198:
liquidation instead of becoming involved in an area it may lack sufficient expertise in to operate with maximum profitability. A company may also operate in a "receivership-like" state but calmly sell its assets, for example to prevent its portfolio being written off in the event of an actual
2351:
Voluntary liquidation occurs when the members of a company resolve to voluntarily wind up its affairs and dissolve. Voluntary liquidation begins when the company passes the resolution, and the company will generally cease to carry on business at that time (if it has not done so already).
2305:
A "just and equitable" winding-up enables the grounds to subject the strict legal rights of the shareholders to equitable considerations. It can take account of personal relationships of mutual trust and confidence in small parties, particularly, for example, where there is a breach of an
2334:, and has general powers to enable rights and liabilities of claimants and contributories to be settled. Separate meetings of creditors and contributories may decide to nominate a person for the appointment of a liquidator and possibly of a supervisory liquidation committee.
2306:
understanding that all of the members may participate in the business, or of an implied obligation to participate in management. An order might be made where the majority shareholders deprive the minority of their right to appoint and remove their own director.
2719:(and equivalent legislation in UK regions). Persons participating in the management of the 'phoenix' company may also be held personally liable for the debts of the company under §217 of the Insolvency Act unless the Court approval has been granted.
2591:
Claimants with non-monetary claims against the company may be able to enforce their rights against the company. For example, a party who had a valid contract for the purchase of land against the company may be able to obtain an order for
2692:
Under the corporate insolvency laws of a number of common law jurisdictions, where a company has been engaged in misconduct or where the assets of the company are thought to be in jeopardy, it is sometimes possible to put a company into
2370:
Where a voluntary winding-up of a company has begun, a compulsory liquidation order is still possible, but the petitioning contributory would need to satisfy the court that a voluntary liquidation would prejudice the contributors.
2326:
Upon hearing the application, the court may either dismiss the petition or make the order for winding-up. The court may dismiss the application if the petitioner unreasonably refrains from an alternative course of action.
2557:
The main purpose of a liquidation where the company is insolvent is to collect its assets, determine the outstanding claims against the company, and satisfy those claims in the manner and order prescribed by law.
2314:
Once liquidation commences (which depends upon applicable law, but will generally be when the petition was originally presented, and not when the court makes the order), dispositions of the company's generally
2678:
In the event the company does not file an annual return or annual accounts, and the company's file remains inactive, in due course, the registrar will strike the company off the register.
2663:
However, in common jurisdictions, the court has a discretion for a period of time after dissolution to declare the dissolution void to enable the completion of any unfinished business.
2286:
It has not commenced business within the statutorily prescribed time (normally one year) of its incorporation, or has not carried on business for a statutorily prescribed amount of time
2675:
However, in such cases the company may be restored to the register if it is just and equitable so to do (for example, if the rights of any creditors or members have been prejudiced).
2881:
2561:
The liquidator must determine the company's title to property in its possession. Property which is in the possession of the company, but which was supplied under a valid
67:
429:
3377:
3108:
2102:
2034:
912:
3140:
3200:
485:
3170:
897:
414:
285:
3062:
2733:
541:
152:
2122:
is brought to an end. The assets and property of the business are redistributed. When a firm has been liquidated, it is sometimes referred to as
2283:" (i.e. one that has not re-registered as a public company or become a private company under more recent companies legislation requiring this)
902:
455:
2672:
the company is not carrying on business or has been wound-up and, after enquiry, no case is shown why the company should not be struck off.
1211:
1062:
766:
663:
614:
280:
917:
907:
673:
2171:, which may result in the court creating a "liquidation trust"; or sometimes a court can mandate the appointment of a liquidator e.g.
969:
3441:
3411:
3020:
2990:
2960:
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3317:
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3257:
2820:
2790:
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1097:
974:
101:
3355:
2302:
An order will not generally be made if the purpose of the application is to enforce payment of a debt which is bona fide disputed.
2873:
2194:
may wish to close some of its stores. For efficiency's sake, it will often sell these at a discount to a company specializing in
922:
865:
177:
3527:
2095:
1006:
510:
3464:
2738:
2428:
959:
480:
2475:
1695:
1433:
505:
500:
465:
157:
2447:
2424:
2215:
to jurisdiction, but generally, a petition may be lodged with the court for the compulsory liquidation of a company by:
495:
38:
2523:
The liquidator may also have to determine whether any payments made by the company or transactions entered into may be
3512:
2576:
are entitled to enforce their claims against the assets of the company to the extent that they are subject to a valid
2044:
1264:
1254:
2413:
83:
3381:
2454:
2088:
2038:
1568:
1558:
2432:
2417:
2562:
2299:
In practice, the vast majority of compulsory winding-up applications are made under one of the last two grounds.
2261:
The grounds upon which an entity can apply to the court for an order of compulsory liquidation also vary between
1448:
561:
450:
2632:
2017:
1755:
1710:
1563:
1332:
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1204:
1011:
607:
490:
475:
460:
445:
331:
31:
1770:
2461:
3132:
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2687:
1720:
1528:
1518:
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1468:
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1298:
845:
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578:
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419:
357:
208:
187:
3192:
1137:
1072:
647:
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2528:
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1890:
1735:
1473:
1413:
1370:
1317:
796:
321:
3162:
1705:
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1523:
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1438:
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860:
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316:
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254:
233:
228:
3054:
2596:, and compel the liquidator to transfer title to the land to them, upon tender of the purchase price.
2753:
2748:
2593:
2276:, and has not been issued with a trading certificate (or equivalent) within 12 months of registration
1775:
1597:
1548:
1513:
1453:
1418:
1322:
1312:
1259:
1172:
711:
536:
142:
2156:, determines the final computation or ascertainment of the duties or drawback accruing on an entry.
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3497:
2716:
2195:
2001:
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1632:
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1132:
1127:
1067:
996:
954:
936:
889:
870:
801:
706:
631:
600:
470:
2580:. In most legal systems, only fixed security takes precedence over all claims; security by way of
2743:
2552:
2517:
2380:
2295:
It is just and equitable to wind up the company, as for an example specified by an
Insolvency Act
2136:
technically refers to the last stage of liquidation. The process of liquidation also arises when
2029:
1985:
1790:
1627:
1622:
1602:
1553:
1493:
1483:
1428:
1423:
1395:
1390:
1360:
1228:
1001:
836:
791:
556:
347:
264:
2709:
decide it is more beneficial to start again by creating a new company, often referred to as a
2654:
2577:
2532:
2388:
2250:
2145:
2133:
1920:
1895:
1845:
1805:
1685:
1642:
1578:
1543:
1533:
1365:
1327:
1283:
1182:
1177:
756:
731:
583:
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551:
398:
326:
218:
167:
2565:
will generally have to be returned to the supplier. Property which is held by the company on
3517:
3223:
2573:
2544:
2513:
2508:
2392:
2331:
2153:
1970:
1915:
1900:
1885:
1870:
1850:
1800:
1780:
1760:
1715:
1588:
1538:
1508:
1503:
964:
850:
393:
362:
259:
223:
79:
1244:
3433:
3403:
3084:
3012:
2982:
2952:
2842:
2711:
2581:
2186:
The term "liquidation" is also sometimes used informally to describe a company seeking to
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1975:
1940:
1905:
1840:
1765:
1750:
1637:
1612:
1607:
1583:
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162:
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for third parties will not form part of the company's assets available to pay creditors.
2468:
3351:
2280:
1995:
1980:
1945:
1930:
1910:
1880:
1730:
1700:
1617:
1307:
1303:
1057:
1025:
736:
3055:"Definitions of Insolvency and Bankruptcy Terms and Expressions for England and Wales"
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2119:
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1825:
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1030:
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295:
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1990:
1935:
1830:
1820:
1815:
1740:
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1102:
841:
192:
172:
45:
2402:
2273:
2228:
1965:
1955:
1745:
1380:
988:
352:
2124:
2728:
2320:
2316:
2235:
Contributories: Those shareholders be required to contribute to the company's
2187:
2168:
1875:
1675:
1092:
776:
639:
572:
147:
117:
2566:
2356:
2141:
1725:
1656:
1236:
290:
2355:
A creditors’ voluntary liquidation (CVL) is a process designed to allow an
2059:
2660:
to the
Registrar and to notify the court. The company is then dissolved.
2524:
2364:
2223:
2208:
2183:, although some voluntary liquidations are controlled by the creditors).
388:
249:
213:
2360:
cannot pay its bills when they fall due, the company becomes insolvent.
2289:
The number of members has fallen below the minimum prescribed by statute
17:
2149:
2137:
875:
855:
761:
1021:
696:
546:
2236:
1044:
826:
691:
2159:
Liquidation may either be compulsory (sometimes referred to as a
2706:
831:
383:
2396:
66:
deal primarily with the United
Kingdom and do not represent a
50:
2330:
The court may appoint an official receiver, and one or more
124:
2246:, usually the one responsible for competition and business
30:"Winding-up" redirects here. For cognate expressions, see
3085:"A guide to administrative receiverships | The Gazette"
2292:
The company is unable to pay its debts as they fall due
2175:
in
Australia) or voluntary (sometimes referred to as a
75:
2211:
for the compulsory liquidation of a company vary from
2343:
floating charges created prior to 15 September 2003.
3109:"Practice guide 36: administration and receivership"
2639:Unclaimed assets will usually vest in the state as
2613:
Amounts owing to employees for wages/superannuation
44:For the process of a solid becoming a liquid, see
2323:involving the company is generally restrained.
2616:Payments owing in respect of worker's injuries
3380:. Worrells. 25 September 2013. Archived from
2096:
1205:
608:
64:The examples and perspective in this article
8:
2152:responsible for collecting and safeguarding
2431:. Unsourced material may be challenged and
913:International Financial Reporting Standards
2625:Creditors with floating charge over assets
2103:
2089:
1223:
1212:
1198:
626:
615:
601:
113:
2495:Learn how and when to remove this message
2207:The parties which are entitled by law to
102:Learn how and when to remove this message
3352:"Provisional liquidation: a quick guide"
2622:Retrenchment payments owing to employees
2118:is the process in accounting by which a
2765:
2734:Chapter 7, Title 11, United States Code
2607:Creditors with fixed charge over assets
2190:of some of its assets. For instance, a
1235:
638:
518:
437:
406:
370:
339:
308:
272:
241:
200:
134:
116:
2628:Creditors without security over assets
2884:from the original on 16 December 2013
903:Generally-accepted auditing standards
7:
2619:Amounts owing to employees for leave
2429:adding citations to reliable sources
3203:from the original on 7 January 2021
3173:from the original on 7 January 2021
918:International Standards on Auditing
3444:from the original on 8 August 2014
3434:"Insolvency Act 1986: Section 217"
3414:from the original on 8 August 2014
3404:"Insolvency Act 1986: Section 216"
3320:from the original on 8 August 2014
3260:from the original on 8 August 2014
3143:from the original on 29 March 2015
3065:from the original on 3 August 2020
3023:from the original on 8 August 2014
3013:"Insolvency Act 1986: Section 130"
2993:from the original on 8 August 2014
2983:"Insolvency Act 1986: Section 127"
2963:from the original on 8 August 2014
2953:"Insolvency Act 1986: Section 129"
2904:Stonegate Securities Ltd v Gregory
2853:from the original on 8 August 2014
2843:"Insolvency Act 1986: Section 122"
2823:from the original on 8 August 2014
2793:from the original on 8 August 2014
2610:Costs incurred by an administrator
2272:The company was incorporated as a
25:
3358:from the original on 4 March 2016
3310:"Companies Act 1985: Section 653"
3290:from the original on 28 July 2014
3280:"Companies Act 1985: Section 652"
3250:"Companies Act 1985: Section 651"
2813:"Insolvency Act 1986: Section 75"
2783:"Insolvency Act 1986: Section 74"
975:Notes to the financial statements
3133:"Liquidate your limited company"
3042:Re A Company (No 001573 of 1983)
2928:Tay Bok Choon v Tahansan Sdn Bhd
2906:Ch 576, per Buckley L.J. at 579.
2401:
2070:
2058:
1243:
923:Management Accounting Principles
646:
55:
2916:Ebrahimi v Westbourne Galleries
1345:Concepts, theory and techniques
2739:Debtor-in-possession financing
1:
2940:Re A & BC Chewing Gum Ltd
2705:In the UK, many companies in
898:Generally-accepted principles
2874:"What is a Winding-Up Order"
2529:transaction at an undervalue
2512:shadow directors for either
39:Liquidation (disambiguation)
3061:. GAUK Media. 23 May 2018.
2572:Before the claims are met,
2269:The company has so resolved
78:, discuss the issue on the
3544:
3224:Barclays Bank v Quistclose
2685:
2652:
2542:
2378:
43:
36:
29:
3378:"Provisional Liquidation"
2667:Striking off the register
2563:retention of title clause
2177:shareholders' liquidation
767:Constant purchasing power
664:Constant purchasing power
562:History of bankruptcy law
3463:Steven N. Taieb (2014),
2633:Liquidating distribution
2600:in the following order:
2584:may be postponed to the
2265:, but normally include:
2199:compulsory liquidation.
1333:JEL classification codes
1098:Accounting organizations
1086:People and organizations
332:Voidable floating charge
2754:Pre-pack administration
2695:provisional liquidation
2688:Provisional liquidation
2682:Provisional liquidation
2338:Administrative Receiver
1519:Industrial organization
1376:Computational economics
846:Amortization (business)
579:Pre-packaged insolvency
532:Bankruptcy alternatives
420:Cross-border insolvency
358:Trading while insolvent
209:Insolvency practitioner
188:Provisional liquidation
27:Winding-up of a company
3528:Corporate liquidations
2586:preferential creditors
2385:Undervalue transaction
2203:Compulsory liquidation
2161:creditors' liquidation
1371:Experimental economics
322:Undervalue transaction
129:
3466:Filing for bankruptcy
2549:Preferential creditor
2347:Voluntary liquidation
970:Management discussion
527:Anti-deprivation rule
425:Insolvency Regulation
317:Fraudulent conveyance
301:Scheme of arrangement
255:Preferential creditor
234:Trustee in bankruptcy
229:Referee in Bankruptcy
128:
3339:Re Priceland Limited
3089:www.thegazette.co.uk
2749:Liquidating dividend
2594:specific performance
2425:improve this section
2226:which establishes a
2181:members' liquidation
1598:Social choice theory
937:Financial statements
890:Accounting standards
84:create a new article
76:improve this article
37:For other uses, see
2717:Insolvency Act 1986
2244:government minister
2065:Business portal
1386:Operations research
1366:National accounting
1163:Earnings management
1133:Positive accounting
1007:Double-entry system
997:Bank reconciliation
802:Revenue recognition
281:Administration (UK)
3513:Business economics
3438:legislation.gov.uk
3408:legislation.gov.uk
3314:legislation.gov.uk
3284:legislation.gov.uk
3254:legislation.gov.uk
3199:. 5 January 2021.
3169:. 5 January 2021.
3017:legislation.gov.uk
2987:legislation.gov.uk
2957:legislation.gov.uk
2847:legislation.gov.uk
2817:legislation.gov.uk
2787:legislation.gov.uk
2744:Estate liquidation
2553:Unsecured creditor
2539:Priority of claims
2518:fraudulent trading
2381:Fraudulent trading
2363:If the company is
2219:The company itself
1396:Industrial complex
1391:Middle income trap
1138:Sarbanes–Oxley Act
1073:Sarbanes–Oxley Act
1002:Debits and credits
837:Cost of goods sold
792:Matching principle
557:Financial distress
430:UNCITRAL Model Law
348:Fraudulent trading
265:Unsecured creditor
130:
3354:. Practical Law.
3237:Re Coregrange Ltd
3221:See for example,
2878:Business Recovery
2872:Jefferson, Mark.
2701:Phoenix companies
2655:Dissolution (law)
2604:Liquidators costs
2578:security interest
2574:secured creditors
2533:unfair preference
2505:
2504:
2497:
2479:
2389:Unfair preference
2251:official receiver
2113:
2112:
1222:
1221:
1183:Two sets of books
1178:Off-balance-sheet
820:Selected accounts
757:Accounting period
625:
624:
584:Sovereign default
567:List of bankrupts
537:Creditors' rights
399:Security interest
327:Unfair preference
309:Avoidance regimes
219:Regulatory agency
112:
111:
104:
86:, as appropriate.
16:(Redirected from
3535:
3482:
3481:
3480:
3478:
3473:on 18 April 2014
3469:, archived from
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3059:gaukauctions.com
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2830:
2828:
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2800:
2798:
2779:
2773:
2770:
2545:Secured creditor
2514:wrongful trading
2500:
2493:
2489:
2486:
2480:
2478:
2437:
2405:
2397:
2393:Wrongful trading
2105:
2098:
2091:
2077:Money portal
2075:
2074:
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2063:
2062:
1559:Natural resource
1351:Economic systems
1247:
1224:
1214:
1207:
1200:
650:
627:
617:
610:
603:
394:Second lien loan
363:Wrongful trading
260:Secured creditor
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107:
100:
96:
93:
87:
59:
58:
51:
21:
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3385:
3384:on 13 June 2015
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3291:
3278:
3277:
3273:
3263:
3261:
3248:
3247:
3243:
3235:
3231:
3220:
3216:
3206:
3204:
3191:
3190:
3186:
3176:
3174:
3161:
3160:
3156:
3146:
3144:
3131:
3130:
3126:
3117:
3115:
3107:
3106:
3102:
3093:
3091:
3083:
3082:
3078:
3068:
3066:
3053:
3052:
3048:
3040:
3036:
3026:
3024:
3011:
3010:
3006:
2996:
2994:
2981:
2980:
2976:
2966:
2964:
2951:
2950:
2946:
2938:
2934:
2926:
2922:
2914:
2910:
2901:
2897:
2887:
2885:
2871:
2870:
2866:
2856:
2854:
2841:
2840:
2836:
2826:
2824:
2811:
2810:
2806:
2796:
2794:
2781:
2780:
2776:
2771:
2767:
2762:
2725:
2712:phoenix company
2703:
2690:
2684:
2669:
2657:
2651:
2582:floating charge
2555:
2541:
2501:
2490:
2484:
2481:
2438:
2436:
2422:
2406:
2395:
2379:Main articles:
2377:
2349:
2340:
2312:
2259:
2205:
2109:
2071:
2069:
2057:
2050:
2049:
2020:
2010:
2009:
2008:
2007:
1771:von Böhm-Bawerk
1659:
1648:
1647:
1409:
1401:
1400:
1356:Economic growth
1346:
1338:
1337:
1279:
1277:classifications
1218:
1189:
1188:
1187:
1152:
1144:
1143:
1142:
1117:
1109:
1108:
1107:
1087:
1079:
1078:
1077:
1047:
1037:
1036:
1035:
991:
981:
980:
979:
939:
929:
928:
927:
892:
882:
881:
880:
821:
813:
812:
811:
807:Unit of account
787:Historical cost
772:Economic entity
751:
743:
742:
741:
686:
678:
659:Historical cost
621:
415:Chapter 15 (US)
379:Floating charge
286:Chapter 11 (US)
163:Conservatorship
108:
97:
91:
88:
73:
60:
56:
49:
42:
35:
28:
23:
22:
15:
12:
11:
5:
3541:
3539:
3531:
3530:
3525:
3520:
3515:
3510:
3505:
3500:
3490:
3489:
3484:
3483:
3455:
3425:
3395:
3369:
3343:
3331:
3301:
3271:
3241:
3229:
3214:
3197:clarkebell.com
3184:
3167:clarkebell.com
3154:
3124:
3100:
3076:
3046:
3034:
3004:
2974:
2944:
2932:
2920:
2908:
2895:
2864:
2834:
2804:
2774:
2772:19 CFR §159.1.
2764:
2763:
2761:
2758:
2757:
2756:
2751:
2746:
2741:
2736:
2731:
2724:
2721:
2702:
2699:
2686:Main article:
2683:
2680:
2668:
2665:
2650:
2647:
2637:
2636:
2631:Shareholders (
2629:
2626:
2623:
2620:
2617:
2614:
2611:
2608:
2605:
2540:
2537:
2503:
2502:
2409:
2407:
2400:
2376:
2373:
2348:
2345:
2339:
2336:
2311:
2308:
2297:
2296:
2293:
2290:
2287:
2284:
2281:public company
2279:It is an "old
2277:
2270:
2258:
2255:
2254:
2253:
2247:
2240:
2239:on liquidation
2233:
2220:
2204:
2201:
2154:customs duties
2111:
2110:
2108:
2107:
2100:
2093:
2085:
2082:
2081:
2080:
2079:
2067:
2052:
2051:
2048:
2047:
2042:
2032:
2027:
2021:
2016:
2015:
2012:
2011:
2006:
2005:
1998:
1993:
1988:
1983:
1978:
1973:
1968:
1963:
1958:
1953:
1948:
1943:
1938:
1933:
1928:
1923:
1918:
1913:
1908:
1903:
1898:
1893:
1888:
1883:
1878:
1873:
1868:
1863:
1858:
1853:
1848:
1843:
1838:
1833:
1828:
1823:
1818:
1813:
1808:
1803:
1798:
1793:
1788:
1783:
1778:
1773:
1768:
1763:
1758:
1753:
1748:
1743:
1738:
1733:
1728:
1723:
1718:
1713:
1708:
1703:
1698:
1693:
1688:
1683:
1678:
1673:
1668:
1662:
1661:
1660:
1654:
1653:
1650:
1649:
1646:
1645:
1640:
1635:
1630:
1625:
1620:
1615:
1610:
1605:
1600:
1591:
1586:
1581:
1576:
1571:
1566:
1564:Organizational
1561:
1556:
1551:
1546:
1541:
1536:
1531:
1526:
1521:
1516:
1511:
1506:
1501:
1496:
1491:
1486:
1481:
1476:
1471:
1466:
1461:
1456:
1451:
1446:
1441:
1436:
1431:
1426:
1421:
1416:
1410:
1408:By application
1407:
1406:
1403:
1402:
1399:
1398:
1393:
1388:
1383:
1378:
1373:
1368:
1363:
1358:
1353:
1347:
1344:
1343:
1340:
1339:
1336:
1335:
1330:
1325:
1320:
1315:
1310:
1301:
1296:
1291:
1286:
1280:
1274:
1273:
1270:
1269:
1268:
1267:
1262:
1257:
1249:
1248:
1240:
1239:
1233:
1232:
1220:
1219:
1217:
1216:
1209:
1202:
1194:
1191:
1190:
1186:
1185:
1180:
1175:
1170:
1165:
1160:
1154:
1153:
1150:
1149:
1146:
1145:
1141:
1140:
1135:
1130:
1125:
1119:
1118:
1115:
1114:
1111:
1110:
1106:
1105:
1100:
1095:
1089:
1088:
1085:
1084:
1081:
1080:
1076:
1075:
1070:
1065:
1060:
1055:
1049:
1048:
1043:
1042:
1039:
1038:
1034:
1033:
1028:
1026:General ledger
1019:
1014:
1009:
1004:
999:
993:
992:
987:
986:
983:
982:
978:
977:
972:
967:
962:
957:
952:
947:
941:
940:
935:
934:
931:
930:
926:
925:
920:
915:
910:
905:
900:
894:
893:
888:
887:
884:
883:
879:
878:
873:
868:
863:
858:
853:
848:
839:
834:
829:
823:
822:
819:
818:
815:
814:
810:
809:
804:
799:
794:
789:
784:
779:
774:
769:
764:
759:
753:
752:
749:
748:
745:
744:
740:
739:
734:
729:
724:
719:
714:
709:
704:
699:
694:
688:
687:
684:
683:
680:
679:
677:
676:
671:
666:
661:
655:
652:
651:
643:
642:
636:
635:
623:
622:
620:
619:
612:
605:
597:
594:
593:
592:
591:
586:
581:
576:
569:
564:
559:
554:
549:
544:
542:Chapter 9 (US)
539:
534:
529:
521:
520:
516:
515:
514:
513:
508:
506:United Kingdom
503:
498:
493:
488:
483:
478:
473:
468:
463:
458:
453:
448:
440:
439:
435:
434:
433:
432:
427:
422:
417:
409:
408:
404:
403:
402:
401:
396:
391:
386:
381:
373:
372:
368:
367:
366:
365:
360:
355:
350:
342:
341:
337:
336:
335:
334:
329:
324:
319:
311:
310:
306:
305:
304:
303:
298:
293:
288:
283:
275:
274:
270:
269:
268:
267:
262:
257:
252:
244:
243:
239:
238:
237:
236:
231:
226:
221:
216:
211:
203:
202:
198:
197:
196:
195:
190:
185:
180:
175:
170:
165:
160:
155:
153:Chapter 7 (US)
150:
145:
143:Administration
137:
136:
132:
131:
121:
120:
110:
109:
70:of the subject
68:worldwide view
63:
61:
54:
26:
24:
14:
13:
10:
9:
6:
4:
3:
2:
3540:
3529:
3526:
3524:
3521:
3519:
3516:
3514:
3511:
3509:
3506:
3504:
3503:Corporate law
3501:
3499:
3496:
3495:
3493:
3472:
3468:
3467:
3459:
3456:
3443:
3439:
3435:
3429:
3426:
3413:
3409:
3405:
3399:
3396:
3383:
3379:
3373:
3370:
3357:
3353:
3347:
3344:
3340:
3335:
3332:
3319:
3315:
3311:
3305:
3302:
3289:
3285:
3281:
3275:
3272:
3259:
3255:
3251:
3245:
3242:
3238:
3233:
3230:
3226:
3225:
3218:
3215:
3202:
3198:
3194:
3188:
3185:
3172:
3168:
3164:
3158:
3155:
3142:
3138:
3134:
3128:
3125:
3114:
3110:
3104:
3101:
3090:
3086:
3080:
3077:
3064:
3060:
3056:
3050:
3047:
3043:
3038:
3035:
3022:
3018:
3014:
3008:
3005:
2992:
2988:
2984:
2978:
2975:
2962:
2958:
2954:
2948:
2945:
2941:
2936:
2933:
2929:
2924:
2921:
2917:
2912:
2909:
2905:
2899:
2896:
2883:
2879:
2875:
2868:
2865:
2852:
2848:
2844:
2838:
2835:
2822:
2818:
2814:
2808:
2805:
2792:
2788:
2784:
2778:
2775:
2769:
2766:
2759:
2755:
2752:
2750:
2747:
2745:
2742:
2740:
2737:
2735:
2732:
2730:
2727:
2726:
2722:
2720:
2718:
2714:
2713:
2708:
2700:
2698:
2696:
2689:
2681:
2679:
2676:
2673:
2666:
2664:
2661:
2656:
2648:
2646:
2644:
2643:
2642:bona vacantia
2634:
2630:
2627:
2624:
2621:
2618:
2615:
2612:
2609:
2606:
2603:
2602:
2601:
2597:
2595:
2589:
2587:
2583:
2579:
2575:
2570:
2568:
2564:
2559:
2554:
2550:
2546:
2538:
2536:
2534:
2530:
2526:
2521:
2519:
2515:
2510:
2499:
2496:
2488:
2477:
2474:
2470:
2467:
2463:
2460:
2456:
2453:
2449:
2446: –
2445:
2444:"Liquidation"
2441:
2440:Find sources:
2434:
2430:
2426:
2420:
2419:
2415:
2410:This section
2408:
2404:
2399:
2398:
2394:
2390:
2386:
2382:
2374:
2372:
2368:
2366:
2361:
2358:
2353:
2346:
2344:
2337:
2335:
2333:
2328:
2324:
2322:
2318:
2309:
2307:
2303:
2300:
2294:
2291:
2288:
2285:
2282:
2278:
2275:
2271:
2268:
2267:
2266:
2264:
2263:jurisdictions
2256:
2252:
2248:
2245:
2241:
2238:
2234:
2231:
2230:
2225:
2221:
2218:
2217:
2216:
2214:
2210:
2202:
2200:
2197:
2193:
2189:
2184:
2182:
2178:
2174:
2173:wind-up order
2170:
2166:
2162:
2157:
2155:
2151:
2147:
2143:
2139:
2135:
2131:
2127:
2126:
2121:
2117:
2106:
2101:
2099:
2094:
2092:
2087:
2086:
2084:
2083:
2078:
2068:
2066:
2061:
2056:
2055:
2054:
2053:
2046:
2043:
2040:
2036:
2033:
2031:
2028:
2026:
2023:
2022:
2019:
2014:
2013:
2004:
2003:
1999:
1997:
1994:
1992:
1989:
1987:
1984:
1982:
1979:
1977:
1974:
1972:
1969:
1967:
1964:
1962:
1959:
1957:
1954:
1952:
1949:
1947:
1944:
1942:
1939:
1937:
1934:
1932:
1929:
1927:
1924:
1922:
1919:
1917:
1914:
1912:
1909:
1907:
1904:
1902:
1899:
1897:
1894:
1892:
1889:
1887:
1884:
1882:
1879:
1877:
1874:
1872:
1869:
1867:
1864:
1862:
1859:
1857:
1854:
1852:
1849:
1847:
1844:
1842:
1839:
1837:
1834:
1832:
1829:
1827:
1824:
1822:
1819:
1817:
1814:
1812:
1809:
1807:
1804:
1802:
1799:
1797:
1794:
1792:
1789:
1787:
1784:
1782:
1779:
1777:
1774:
1772:
1769:
1767:
1764:
1762:
1759:
1757:
1754:
1752:
1749:
1747:
1744:
1742:
1739:
1737:
1734:
1732:
1729:
1727:
1724:
1722:
1719:
1717:
1714:
1712:
1709:
1707:
1704:
1702:
1699:
1697:
1694:
1692:
1689:
1687:
1684:
1682:
1679:
1677:
1674:
1672:
1669:
1667:
1666:de Mandeville
1664:
1663:
1658:
1652:
1651:
1644:
1641:
1639:
1636:
1634:
1631:
1629:
1626:
1624:
1621:
1619:
1616:
1614:
1611:
1609:
1606:
1604:
1601:
1599:
1595:
1594:Public choice
1592:
1590:
1587:
1585:
1582:
1580:
1577:
1575:
1572:
1570:
1569:Participation
1567:
1565:
1562:
1560:
1557:
1555:
1552:
1550:
1547:
1545:
1542:
1540:
1537:
1535:
1532:
1530:
1529:Institutional
1527:
1525:
1522:
1520:
1517:
1515:
1512:
1510:
1507:
1505:
1502:
1500:
1497:
1495:
1492:
1490:
1487:
1485:
1482:
1480:
1479:Expeditionary
1477:
1475:
1472:
1470:
1469:Environmental
1467:
1465:
1462:
1460:
1457:
1455:
1452:
1450:
1447:
1445:
1442:
1440:
1437:
1435:
1432:
1430:
1427:
1425:
1422:
1420:
1417:
1415:
1412:
1411:
1405:
1404:
1397:
1394:
1392:
1389:
1387:
1384:
1382:
1379:
1377:
1374:
1372:
1369:
1367:
1364:
1362:
1359:
1357:
1354:
1352:
1349:
1348:
1342:
1341:
1334:
1331:
1329:
1326:
1324:
1321:
1319:
1316:
1314:
1311:
1309:
1305:
1302:
1300:
1299:International
1297:
1295:
1292:
1290:
1287:
1285:
1282:
1281:
1278:
1275:Branches and
1272:
1271:
1266:
1263:
1261:
1258:
1256:
1253:
1252:
1251:
1250:
1246:
1242:
1241:
1238:
1234:
1230:
1226:
1225:
1215:
1210:
1208:
1203:
1201:
1196:
1195:
1193:
1192:
1184:
1181:
1179:
1176:
1174:
1171:
1169:
1168:Error account
1166:
1164:
1161:
1159:
1156:
1155:
1148:
1147:
1139:
1136:
1134:
1131:
1129:
1126:
1124:
1121:
1120:
1113:
1112:
1104:
1101:
1099:
1096:
1094:
1091:
1090:
1083:
1082:
1074:
1071:
1069:
1066:
1064:
1061:
1059:
1056:
1054:
1051:
1050:
1046:
1041:
1040:
1032:
1031:Trial balance
1029:
1027:
1023:
1020:
1018:
1015:
1013:
1012:FIFO and LIFO
1010:
1008:
1005:
1003:
1000:
998:
995:
994:
990:
985:
984:
976:
973:
971:
968:
966:
963:
961:
958:
956:
953:
951:
950:Balance sheet
948:
946:
945:Annual report
943:
942:
938:
933:
932:
924:
921:
919:
916:
914:
911:
909:
906:
904:
901:
899:
896:
895:
891:
886:
885:
877:
874:
872:
869:
867:
864:
862:
859:
857:
854:
852:
849:
847:
843:
840:
838:
835:
833:
830:
828:
825:
824:
817:
816:
808:
805:
803:
800:
798:
795:
793:
790:
788:
785:
783:
782:Going concern
780:
778:
775:
773:
770:
768:
765:
763:
760:
758:
755:
754:
747:
746:
738:
735:
733:
730:
728:
725:
723:
720:
718:
715:
713:
710:
708:
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1623:Sociological
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1494:Geographical
1474:Evolutionary
1449:Digitization
1414:Agricultural
1318:Mathematical
1289:Econometrics
1103:Luca Pacioli
1024: /
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842:Depreciation
750:Key concepts
722:Governmental
571:
496:South Africa
193:Receivership
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173:Examinership
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3341:1 BCLC 467.
3044:Com LR 202.
2888:16 December
2649:Dissolution
2332:liquidators
2274:corporation
2229:prima facie
2196:real estate
2134:dissolution
2132:, although
2116:Liquidation
1871:von Neumann
1524:Information
1464:Engineering
1444:Development
1439:Demographic
1381:Game theory
1323:Methodology
1116:Development
1093:Accountants
989:Bookkeeping
908:Convergence
866:Liabilities
797:Materiality
685:Major types
501:Switzerland
353:Misfeasance
183:Liquidation
168:Dissolution
3523:Insolvency
3508:Accounting
3498:Bankruptcy
3492:Categories
3118:2023-10-18
3094:2023-10-18
2942:1 WLR 579.
2918:2 AER 492.
2760:References
2729:Bankruptcy
2653:See also:
2543:See also:
2509:liquidator
2485:April 2017
2455:newspapers
2375:Misconduct
2321:litigation
2169:bankruptcy
2167:following
2030:Economists
1901:Schumacher
1806:Schumpeter
1776:von Wieser
1696:von ThĂĽnen
1657:economists
1633:Statistics
1628:Solidarity
1549:Managerial
1514:Humanistic
1509:Historical
1454:Ecological
1419:Behavioral
1313:Mainstream
1151:Misconduct
777:Fair value
727:Management
669:Management
640:Accounting
573:Pari passu
438:By country
224:Liquidator
148:Bankruptcy
118:Insolvency
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3410:. Crown.
3316:. Crown.
3286:. Crown.
3256:. Crown.
3239:BCLC 453.
3207:5 January
3177:5 January
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3019:. Crown.
2989:. Crown.
2959:. Crown.
2930:BCLC 472.
2849:. Crown.
2819:. Crown.
2789:. Crown.
2412:does not
2357:insolvent
2310:The order
2142:authority
2130:dissolved
1946:Greenspan
1911:Samuelson
1891:Galbraith
1861:Tinbergen
1801:von Mises
1796:Heckscher
1756:Edgeworth
1574:Personnel
1534:Knowledge
1499:Happiness
1489:Financial
1459:Education
1434:Democracy
1328:Political
1294:Heterodox
1237:Economics
1173:Hollywood
1053:Financial
955:Cash-flow
712:Financial
476:Hong Kong
451:Australia
291:Cram down
242:Claimants
201:Officials
135:Processes
80:talk page
3477:18 April
3442:Archived
3412:Archived
3356:Archived
3318:Archived
3288:Archived
3258:Archived
3201:Archived
3171:Archived
3141:Archived
3063:Archived
3021:Archived
2991:Archived
2961:Archived
2882:Archived
2851:Archived
2821:Archived
2791:Archived
2723:See also
2525:voidable
2224:creditor
2209:petition
2125:wound-up
2039:journals
2025:Glossary
1976:Stiglitz
1941:Rothbard
1921:Buchanan
1906:Friedman
1896:Koopmans
1886:Leontief
1866:Robinson
1751:Marshall
1655:Notable
1603:Regional
1579:Planning
1554:Monetary
1484:Feminist
1429:Cultural
1424:Business
1229:a series
1227:Part of
1158:Creative
1128:Research
1058:Internal
1045:Auditing
861:Goodwill
856:Expenses
707:Forensic
632:a series
630:Part of
446:Anguilla
389:Mortgage
371:Security
340:Offences
250:Creditor
214:Tribunal
74:You may
18:Wound up
3518:Finance
3448:30 July
3418:30 July
3388:30 July
3362:30 July
3324:30 July
3294:30 July
3264:30 July
3147:30 July
3027:30 July
2997:30 July
2967:30 July
2857:30 July
2827:30 July
2797:30 July
2469:scholar
2433:removed
2418:sources
2365:solvent
2257:Grounds
2150:country
2138:customs
2120:company
2045:Schools
2037: (
1996:Piketty
1991:Krugman
1856:Kuznets
1846:Kalecki
1821:Polanyi
1711:Cournot
1706:Bastiat
1691:Ricardo
1681:Malthus
1671:Quesnay
1643:Welfare
1613:Service
1284:Applied
1260:Outline
1255:History
1123:History
1017:Journal
876:Revenue
762:Accrual
552:Default
486:Ireland
32:Wind-up
3227:AC 56.
3137:Gov.uk
3113:GOV.UK
3069:13 May
2551:, and
2531:or an
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2391:, and
2319:, and
2237:assets
2188:divest
2146:agency
1981:Thaler
1961:Ostrom
1956:Becker
1951:Sowell
1931:Baumol
1836:Myrdal
1831:Sraffa
1826:Frisch
1816:Knight
1811:Keynes
1786:Fisher
1781:Veblen
1766:Pareto
1746:Menger
1741:George
1736:Jevons
1731:Walras
1721:Gossen
1589:Public
1584:Policy
1539:Labour
1504:Health
1361:Market
1068:Report
1022:Ledger
965:Income
960:Equity
871:Profit
851:Equity
827:Assets
732:Social
697:Budget
547:Debtor
491:Russia
466:Cayman
461:Canada
3193:"MVL"
3163:"CVL"
2567:trust
2527:as a
2476:JSTOR
2462:books
2148:in a
2140:, an
2018:Lists
1986:Hoppe
1971:Lucas
1936:Solow
1926:Arrow
1916:Simon
1881:Lange
1876:Hicks
1851:Röpke
1841:Hayek
1791:Pigou
1761:Clark
1676:Smith
1638:Urban
1618:Socio
1608:Rural
1308:Macro
1304:Micro
1265:Index
1063:Firms
692:Audit
519:Other
481:India
471:China
82:, or
3479:2014
3450:2014
3420:2014
3390:2015
3364:2015
3326:2014
3296:2014
3266:2014
3209:2021
3179:2021
3149:2014
3071:2020
3029:2014
2999:2014
2969:2014
2902:See
2890:2013
2859:2014
2829:2014
2799:2014
2707:debt
2507:The
2448:news
2416:any
2414:cite
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2232:case
2222:Any
2002:more
1726:Marx
1716:Mill
1701:List
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717:Fund
702:Cost
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