Voluntary liquidation

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Related to Voluntary Liquidations: Creditors voluntary liquidation

Voluntary liquidation

Liquidation proceedings that are supported by a company's shareholders.

Voluntary Liquidation

The decision by shareholders in a publicly-traded company to cease operations, sell all assets, and use the proceeds to repay its creditors as far as possible. A voluntary liquidation differs from a bankruptcy, where the company files with a court without taking a vote of shareholders.
References in periodicals archive ?
During the first quarter of 2015, there were 447 voluntary liquidations, compared to 356 for the same period last year.
7,000 companies shut down since start of crisis in 2010
2 per cent on the corresponding quarter of the previous year), and 3,047 creditors' voluntary liquidations (which are up 9.
Q1 compulsory liquidations rise in the UK
The number of food and drink companies entering into voluntary liquidation has more than doubled over the past year, according to Government figures.
Increase in food business liquidations
In comparison voluntary liquidations increased by 0.
Number of ventures going bust eases up
These include voluntary liquidations, compulsory liquidations, administration orders and receiverships.
Fewer companies failing - but fewer new firms set up
Dated: 11th July 2014 Peter Doherty Liquidator "Please note that these are Members' Voluntary Liquidations.
IN THE MATTER OF THE COMPANIES ACTS 1963 [...]; PUBLIC NOTICES
Dated: 28th February 2011 David Hargaden Liquidator "Please note that this is a Members' Voluntary Liquidations.
IN THE MATTER OF THE [...]
But on the credit side, there were 379 liquidations - 11 per cent on the figure for 2001 - and 489 voluntary liquidations compared to 527 in 2001.
MIRROR on the CITY: LATEST NEWS FROM DUBLIN: Alert as firms hit the wall
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