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The process by which a corporation's assets are gathered and sold to satisfy its obligations is known as "winding up" or "liquidation of a firm." After all debts, costs, and expenses have been paid off, any money left over is divided among the company's shareholders. The company is formally dissolved and ceases to exist once the winding-up is complete. Winding up entails appointing a liquidator to sell off the company's assets, distribute the revenues to the creditors, and submit a dissolution request to the NCLT law. Dissolution refers to entirely dissolving the business. Any additional operations cannot be carried out under the company name.
A contributing has the right to file a petition to dissolve a company, even if he or she is the owner of fully paid-up shares or the firm has no assets at all or none left over to distribute to its stockholders after satisfying its debts.
Choosing a liquidator to sell the company's assets, distribute the money to the creditors, and submit a dissolution request to the NCLT is known as winding up. Dissolution refers to the entire dissolution of the business. The company name cannot be used for any other transactions.
A contributing has the right to file a petition to dissolve a company, even if he or she is the owner of fully paid-up shares or the company has no assets at all or none left over after paying its debts.
What else can I help you with?
Does a judge have to honor a parents petition for a custody order?
If the parties and the subject matter come under the jurisdiction of the court then the court must issue a ruling on the petition.If the parties and the subject matter come under the jurisdiction of the court then the court must issue a ruling on the petition.If the parties and the subject matter come under the jurisdiction of the court then the court must issue a ruling on the petition.If the parties and the subject matter come under the jurisdiction of the court then the court must issue a ruling on the petition.
What does 'A long traveled and winding road' mean?
a long winding road represents the path of life and that you cannot predict what will come round the corner
Is the Jonas Brothers coming to Trinidad because there are millions of fans that wantsto see them?
There is a petition stating that the Jonas Brothers should come. There is a petition stating that they hope the Jonas Brothers should come if they get enough signatures.
What is a motion for insolvency?
Such a motion is made to a United States Bankruptcy Court, and Article I court under one of the 94 Article III federal District Courts. It is called a Petition for Bankruptcy. Title 11, United States Code, section 301, headed "§ 301. Voluntary cases.": "(a) A voluntary case under a chapter of this title is commenced by the filing with the bankruptcy court of a petition under such chapter by an entity that may be a debtor under such chapter. (b)The commencement of a voluntary case under a chapter of this title constitutes an order for relief under such chapter." Such a petition may only be made by a debtor, described in Title 11, United States Code, section 109, headed "§ 109. Who may be a debtor." A debtor who is either "balance-sheet bankrupt" (where its liabilties are greater than its assets) or who is "not-meeting-its-debts-as-they-come-due bankrupt" can file a voluntary petition. Title 11, United States Code, section 303, headed "§ 303. Involuntary cases." specify the circumstances under which a creditor can file an involuntary petition, in effect, "forcing" the debtor into bankruptcy administration.
Could you write a petition to the Canadian Immigration for citizenship on behalf of your father who died and was a citizen of that country?
Petitions should not come from dead people, or be written on behalf of dead people. Only the living can petition. Write a petition on behalf of yourself.
What types of material can a winding machine be used on?
A winding machine is used to wind the string, wire, cable, thread, rope, etc onto a spool or bobbin. They are of various types from simple winding machines to complex programmable winding machines like CNC winding machines. Mostly winding machines are used in textile, and paper industries, to quickly wrap a large amount of string or paper onto a spool. These winding machines are used by small to large businesses according to the winding needs.
Do you want the Jonas Brothers to come to Puerto Rico?
I do and I can tell you how to help. You can sign this petition: http://www.ipetitions.com/petition/jonasbrothers_prconcert/index.html And then pass it along to anyone that you think will sign. Thanks
Will Lauren ever come back to eastenders?
She might if we sign the petition to 'Bring Danielle Back To Eastenders' or 'BRING DANIELLE JONES BACK FROM EASTENDERS' on Facebook Sign the petition which is http://www.petitiononline.com/DjonesEE/petition.html and Facebook Petition is http://www.facebook.com/group.php?gid=63259092318
Can a US citizen petition his handicapped child from the Philippines to come over to the United States of America?
Yes you can petition a handicap child. You should be able though to show financially that he won't be a public burden.
Can a parent just come and demand to be the executor?
They can name you as the executor when their will is drafted. However, you are under no obligation to serve. When the will is eventually filed in probate you only need to sign a declination and the court will appoint an executor.
When will Aladdin 4 come out?
Unless fans sign a petition to get Aladdin back as in 2D. Fans have to force Disney.
Who are kishore and they come under which caste?
they actually come under bramhi
