Information om | Engelska ordet WINDING-UP


WINDING-UP

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Exempel på hur man kan använda WINDING-UP i en mening

  • In the two years prior to the Lemsagam deal, Oldham had faced a number of winding-up orders for non-payment of its tax bills, and saw its ground raided by HMRC in November 2017.
  • However, financial worries continued, including a winding-up petition started by Martin Foyle, who resigned as manager in March 2014.
  • According to the Landsbanki Receivership's initial interpretation of the Icelandic law, the creditor claims in foreign currency towards a liquidated Icelandic financial company in receivership should only be repaid by an ISK-equivalent amount as per the currency exchange rate registered on the date when winding-up proceedings were initiated; which was as per 22 April 2009 for the Landsbanki receivership.
  • In January 1999, the club were the subject of a compulsory winding-up order and a liquidator was appointed to run it while efforts were made to establish the ground's legal owner.
  • However, according to newly-published documents from administrators Kroll, the company faced a winding-up petition from HM Revenue and Customs (HMRC) due to "unpaid historical and current tax liabilities".
  • It has been alleged that the former Leeds chairman has flirted with disaster, trying to build a promotion-winning side while, at the same time, the Bluebirds have fought off four winding-up orders.
  • HMRC returned to court with a second winding-up petition in October 2016 and the insolvency court granted a stay of two weeks to arrange refinancing.
  • Depending on the nature and monetary value of the assets, the OR may arrange a meeting of the creditors (and of contributories in a winding-up) to consider appointing an IP to act as trustee or liquidator in his place.
  • Without sanction, the liquidator may sell company property, claim against insolvent contributories, raise money on the security of company assets, and do all such things as may be necessary for the winding-up and distribution of assets.
  • Pérez justified the action as a response to a winding-up petition filed by HMRC and supported by Formtech, a supplier, which would have resulted in an unmanaged insolvency of the company and almost certain collapse of the team.
  • As is common practice in bank securitisations, Granite was set up as a charitable trust with any residue on winding-up to benefit a small charity, Down's Syndrome North East.
  • Applying the principle of Re Hallett's Estate that the assets remaining after payment of the outside creditors must be taken to represent in part moneys which the depositors could follow, as having been invalidly borrowed, and in part moneys which the society could follow, as having been wrongfully employed by its agents in the banking business, and (subject to any application by any individual depositor or shareholder with a view to tracing his own money into any particular asset, and to the costs of the liquidation) ought to be distributed pari passu between the depositors and the unadvanced shareholders according to the amounts respectively credited to them in the books of the society at the commencement of the winding-up.
  • Where in the course of winding-up a company it appears that any person who has taken part in the formation or promotion of the company, or any past or present director, manager or liquidator, or any officer of the company, has misapplied or retained or become liable or accountable for any money or property of the company, or been guilty of any misfeasance or breach of trust in relation to the company, the Court may, on the application of the Master or of the liquidator or of any creditor or contributory, examine into the conduct of the promoter, director, manager, liquidator, or officer, and compel him to repay or restore the money or property or any part thereof, respectively with interest at such rate as the Court thinks just, or to contribute such sum to the assets of the company by way of compensation in respect of the misapplication, retention, misfeasance or breach of trust as the Court thinks just.
  • At present there are no provisions under Anguillan law in relation to corporate insolvency which address insolvency set-off, or the avoidance of dispositions after the commencement of winding-up.
  • Where a liquidator who is appointed pursuant to a members' voluntary winding-up subsequently determines that the company is in fact insolvent in his opinion (contrary to the solvency declaration made by the board of directors), then the liquidator must either (a) apply to the Court for the company to be wound-up on an insolvent basis, (b) appoint an administrator to the company, or (c) convene a meeting of creditors.
  • However, the majority led by Viscount Dilhorne held that the operation of the insolvency set-off rules was automatic and mandatory upon the commencement of winding-up.
  • In August 2024, TopHat faced a winding-up hearing after a petition was filed by Harworth, a Yorkshire based property developer, but settled out of court.


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