Liquidation

In United Kingdom law and business, liquidation is the process by which a company (or part of a company) is brought to an end, and the assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry.

Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation) or voluntary (sometimes referred to as a shareholders' liquidation, although some voluntary liquidations are controlled by the creditors, see below).

Compulsory liquidation

The parties who are entitled by law to petition for the compulsory liquidation of a company vary from jurisdiction to jurisdiction, but generally, a petition may be lodged with the court for the compulsory liquidation of a company by:

Liquidation (disambiguation)

Liquidation is the conversion of a business' assets to money in order to pay off debt.

Liquidation may also refer to:

See also

Liquidation (miniseries)

Liquidation (2007) (Russian: Ликвидация, Likvidatsiya) is a highly popular Russian television series, which parallels the famous The Meeting Place Cannot Be Changed with notable ethical shift. In the "Meeting Place", chief of criminal investigations Gleb Zheglov (played by Vladimir Vysotskiy) had a modus operandi "Thief must go to prison, no matter how I put him there" (and uses planted evidence to do so).

In Liquidation, chief of criminal investigations David Gotsman's (played by Vladimir Mashkov) motto has changed to "Thief must go to prison, but lawfully so". The stars of the film include famous Russian actors such as Vladimir Mashkov and Konstantin Lavronenko (The Return, The Banishment). Sergei Makovetsky had to replace Andrey Krasko, who died of heart attack during the filming.

Plot summary

The year is 1946. World War II is over, but it doesn't mean that there is no one to fight with. The post-war city of Odessa is ruled by serial killer prison-escapees and former Nazi collaborators. Fallen into disfavor, Marshal Zhoukov is sent to Odessa by Joseph Stalin to handle the situation. Together with the head of the local criminal investigation unit, David Gottsman, Zhoukov begins a special operation cleanup post-war Odessa from crime.