liquidation petition

liquidation petition
"金山词霸2003法学大词典":
申请清盘

English-Chinese law dictionary (法律英汉双解大词典). 2013.

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  • Liquidation — Winding up redirects here. For other uses, see Wind up (disambiguation). Not to be confused with liquification, a concept in physics. In law, liquidation is the process by which a company (or part of a company) is brought to an end, and the… …   Wikipedia

  • liquidation — Occurs when a firm s business is terminated. assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a long or short position. Related: buy in, evening up …   Financial and business terms

  • Liquidation — When a firm s business is terminated, assets are sold, proceeds pay creditors and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a Long or short position. Related: buy in, evening up, offsetliquidity.… …   Financial and business terms

  • Petition mill — A petition mill is a fraud in which the perpetrator poses as a financial advisor, sometimes as a credit counselor or paralegal, filing hastily prepared bankruptcy documents in the name of victims who come to the advisor as clients. The bankruptcy …   Wikipedia

  • compulsory liquidation — Under Chapter IV of Part IV of the Insolvency Act 1986, liquidation of a company by court order on the petition of creditors, members or the company itself using procedures contained in the Insolvency Act 1986. Easyform Glossary of Law Terms. UK… …   Law dictionary

  • Motors Liquidation Company — logo Motors Liquidation Company (MLC), formerly MTLQQ on OTC Pink, was the company left to settle past liability claims from General Motors Chapter 11 reorganization. It exited bankruptcy on 31 March 2011 only to be carved into four trusts; the… …   Wikipedia

  • compulsory liquidation — compulsory winding up The liquidation of a company by a court. A petition must be presented both at the court and the registered office of the company. Those by whom it may be presented include: the company, the directors, a creditor, an official …   Big dictionary of business and management

  • compulsory liquidation — compulsory winding up The winding up of a company by a court. A petition must be presented both at the court and at the registered office of the company. Those by whom it may be presented include: the company, the directors, a creditor, an… …   Accounting dictionary

  • involuntary petition — USA A bankruptcy petition filed by creditors, usually to force a debtor to enter a liquidation proceeding under Chapter 7. The debtor can contest the petition and can choose to convert it into a case under Chapter 11. When a debtor contests an… …   Law dictionary

  • winding-up petition — A document presented to a UK court seeking an order for a company to be put into compulsory liquidation …   Accounting dictionary

  • bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …   Universalium

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