Examples of using Liquidation process in English and their translations into Indonesian
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Colloquial
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Ecclesiastic
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Computer
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Ecclesiastic
In April 2014, the company began its liquidation process.
Liquidation process is a measure on settling all assets and liabilities of the….
The company has officially been under the liquidation process since September 2017.
Unlike the liquidation process of Chapter 7, with Chapter 11 the debtor remains largely in control of assets.
There is a check and balance usually in the bank liquidation process which is described below.
After complying with the liquidation process and receiving the BKPM's revocation, company is officially terminated.
Pursuant to Act Number 40 of 2007, the steps of the liquidation process would be as follows.
During the liquidation process, some providers take care of the logistics costs according to the instructions you have given them.
When filing Chapter 7 for a business,a bankruptcy trustee is named to oversee the liquidation process.
Chapter 7, however, is designed to be a liquidation process that often results in the sale of non-exempt property.
When a business files for Chapter 7 bankruptcy,a trustee is appointed to oversee the liquidation process.
Usually, the entire liquidation process takes from four months to six months, since the collection of all necessary documents requires a lot of time.
NFA requires brokers to have a detailed procedure in case of lawsuits,bankruptcy charges or other liquidation processes.
After Friday's official bankruptcy, the court handling the liquidation process will proceed to sell off the remaining assets and give the money to the creditors.
The creditor has yet claim creditor's rights until thelatest date of payment has expired and the liquidation process has ended; and.
Issuance of article of dissolution, stating the result and accountability of liquidation process in resolution of shareholders, to also give release and discharge of liquidator.
South Korea's energy ministry said on Thursday it will coordinate with the British government andmonitor the liquidation process with KEPCO.
On September 2, 2010, Edge IT, one of the subsidiaries of Mandriva,was placed under liquidation process by the Tribunal de commerce in Paris;[10][11] effective by September 17, all assets were liquidated and employees were let go.
South Korea's energy ministry said on Thursday it will closely coordinate with the British government on the NuGen project,while monitoring the liquidation process with KEPCO.
The massive liquidation process that drove prices sharply lower last month has likely been completed and is being replaced by accumulation as well as short-covering from speculators who have recently entered the market,” Jim Ritterbusch, president of Ritterbusch and Associates, said in a note.
In casethat the requirements for dissolution of the company have been fulfilled, the liquidation process begins with the appointment of one or more liquidators.
We will also prepare the record of accumulation of wealth and debts to settle up with creditors or issue the article of dissolution that states the result andaccountability of liquidation process.
If there will not be any claims from creditor within 60 days,the process will continue directly to issuance of result and accountability of liquidation process will be issued in resolution of shareholders or circular resolution, to also give release and discharge of liquidator.
In case that the GMS accepts the accountability of the liquidation process that has been carried out then proceed with the announcement to the newspaper whichis then followed by a notification to the Minister that the liquidation process has ended(Notary notification to the Minister through sisminbakum)(Article 152 paragraph(3) Act Number 40 of 2007).
Livingston Compagnia Aerea was founded by taking over the name,the landing rights and some other assets from the liquidation process of the former Livingston Energy Flight.
Jim Ritterbusch, president of Ritterbusch and Associates,explained trading behaviour by stating in a note that"The massive liquidation process that drove prices sharply lower last month has likely been completed and is being replaced by accumulation as well as short-covering from speculators who have recently entered the market.".
Correspondingly, the liquidator also records the assets of the company(assets and liabilities) including the recording of the names of creditors and their levels andother matters related to management actions in the liquidation process(Article 147 of Act Number 40 of 2007).
This is in line with IDIC regulation Article 46 paragraph(2) of IDIC Regulation Number 1/PLPS/2011 on Bank Liquidation which states that when allassets of bank is already finished during the liquidation process and there are still bank's liabilities to other parties, the liabilities must be settled by the previous shareholders.
Liquidation is the process by which a company or person's assets are redistributed or dissolved, and can be either voluntary or compulsory.
Liquidation is the process of clearing and settling the assets and liabilities of a company that is carried out by the liquidator or receiver, which is used for debt service payments from the debtor to the creditors.