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com·pul·so·ry liq·ui·ˈda·tion N COMM

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The quarterly figure consists of 154 compulsory liquidations, 61 creditors' voluntary liquidations and three receiverships.
www.heraldscotland.com
But the firm was placed in compulsory liquidation earlier this year, leaving foreign buy-to-let investors with lost deposits worth millions of pounds and sparking an international investigation.
www.thetelegraphandargus.co.uk
Otherwise, a compulsory liquidation may be initiated by either the directors, the company, some shareholders or creditors bringing a petition for winding up to the court.
en.wikipedia.org
The directors would then have to pursue the centre, which was in compulsory liquidation, for its share of the damages.
www.out-law.com
Huge debts had been built up and the businesses were subject to compulsory liquidation.
en.wikipedia.org
A sensible conclusion for the review would be to recommend that all connected party sales are to exit administration to compulsory liquidation.
economia.icaew.com
It's an offence for an insolvent company to keep trading, so the main options available to an insolvent company are: voluntary liquidation, compulsory liquidation, administration or a company voluntary arrangement.
www.moneywise.co.uk

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