voluntary winding up

voluntary winding up
a winding up of a company initiated by a special or extraordinary resolution of the company rather than by a petition to the court.

Collins dictionary of law. . 2001.


voluntary winding up
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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Look at other dictionaries:

  • voluntary winding up — ➔ winding up * * * voluntary winding up UK US noun [C or U] FINANCE, LAW ► VOLUNTARY LIQUIDATION(Cf. ↑voluntary liquidation) → Compare COMPULSORY WINDING UP( …   Financial and business terms

  • voluntary winding-up — voluntary liquidation …   Accounting dictionary

  • winding-up — The process by which a company dies. Under Part IV of the Insolvency Act 1986, there are three separate procedures a members voluntary winding up where a company is solvent, a creditors voluntary winding up for insolvent companies and a… …   Law dictionary

  • winding-up petition — The process by which a company dies. Under Part IV of the Insolvency Act 1986, there are three separate procedures a members voluntary winding up where a company is solvent, a creditors voluntary winding up for insolvent companies and a… …   Law dictionary

  • voluntary liquidation — voluntary winding up See: creditors voluntary liquidation, members voluntary liquidation …   Accounting dictionary

  • voluntary liquidation — voluntary winding up See creditors voluntary liquidation; members voluntary liquidation …   Big dictionary of business and management

  • members' voluntary winding-up — members voluntary liquidation …   Accounting dictionary

  • winding up — see liquidation London Stock Exchange Glossary * * * winding up ˌwinding ˈup noun [singular, uncountable] COMMERCE LAW when a business or organization is closed down, especially because it cannot pay its debts: • Redeemable preference shares… …   Financial and business terms

  • voluntary liquidation — liquidation proceedings that are supported by a company s shareholders. Bloomberg Financial Dictionary Usually relates to an insolvent company and is started by a resolution of its shareholders. HM Customs & Revenue Glossary * * * voluntary… …   Financial and business terms

  • voluntary settlement — A dissolution and winding up of the affairs of a partnership, effected by the partners without court action. See compromise; settlement; voluntary payment …   Ballentine's law dictionary

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