Talk:Liquidation
| WikiProject Business | (Rated B-class, Mid-importance) | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|||||||||||||||||
| WikiProject Law | (Rated B-class, Top-importance) | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|||||||||||||||||
[edit] Difference?
Is there a difference between liquidation and sale at bankruptcy auction? --SPUI (talk) 21:19, 16 October 2005 (UTC)
[edit] Total rewrite
Did a total rewrite of this article. Apologies if I have trodden on anyone's toes, but this article needed some serious consideration, and it didn't look like getting any. Legis 11:18, 12 September 2006 (UTC)
[edit] Wind up
"Wind up" redirects to Liquidation, but has other meanings, according to Wiktionary. Needs disambiguation.
Vernon White 18:54, 20 September 2006 (UTC)
- I have changed "wind up" to a disambiguation page, although actually the only article in Wikipedia that links to "wind up" is List of legal topics. C'est la vie. Legis 07:49, 21 September 2006 (UTC)
[edit] Update
I made the modification to reflect the actual judgement cited. Petitions are not refused simply because their actual purpose is to enforce payment of a debt--in fact, that is one of the principal uses of winding up. Rather, where the petition's purpose is to enforce payment of a debt which is genuinely disputed in good faith, the court will refuse it.
Per Buckley L.J. in Stonegate Securities [1980] Ch 576 at 579 "Where a creditor petitions for the winding up of a company, the proceedings will take one of two courses, depending upon whether the petitioner is a creditor whose debt is presently due, or one whose debt is contingent or prospective by reason of the proviso in paragraph (c) of section 224 (1). If the creditor petitions in respect of a debt which he claims to be presently due, and that claim is undisputed, the petition proceeds to hearing and adjudication in the normal way; but if the company in good faith and on substantial grounds disputes any liability in respect of the alleged debt, the petition will be dismissed or, if the matter is brought before a court before the petition is issued, its presentation will in normal circumstances be restrained. That is because a winding up petition is not a legitimate means of seeking to enforce payment of a debt which is bona fide disputed." (my emphasis) 129.67.137.47 (talk) 21:56, 25 November 2009 (UTC)
[edit] Fresh Start Options for Limited Companies (Ltd)
A search for this phrase (which is a section heading in the article) finds only this article. It looks inappropriate here; like the name of a company, or a govt scheme. —Tamfang (talk) 08:29, 31 March 2011 (UTC)
[edit] There are two meanings for liquidation: one of them is the topic in this article, the other meaning refers to the ellimination and execution of people for accusations of treason - this term has been used this way in Marxist-Leninist states
As mentioned in the subject title, there is another prominent meaning for "liquidation", this article will probably need to become a disambiguation page to the different meanings.--R-41 (talk) 13:08, 6 October 2011 (UTC)
