Winding up of Company: Winding up of a company is the process whereby its life is ended and its property administered for the benefit of its creditors and members. An administrator called a liquidator‚ is appointed and he takes control of the company‚ collects its debts and finally distributes any surplus among the members in accordance with their rights. Kind of Companies can be wound up: Only a limited company can be wound-up. The term "winding-up" (or "wound-up") bears a similar meaning of
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The procedure for creditor’s voluntary winding up: i) A board meeting convene by the company’s directors to decide on the date of the EGM and creditor’s meeting. These meeting must be held within one month from the date of statutory declaration (Form 65A) ii) The directors make a statutory declaration of Form 65 (statutory declaration of inability of company to continue business and that meetings of the company and its creditors have been summoned) and lodged with the CCM. iii) The Company’s director
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Hong Kong Institute of Vocational Education Corporate Law and Practice (ACC4106) 2014-2015 Continuous Assessment Assignment Task: Company Law in Practice Understanding a listed company in Hong Kong Class: BA124001/2B Name: Chan Choi Nog (130257408) Chan Yin Ting () Chu Tsz Ting (130153619) Lai Ka Fai () Siu Lok Man (130240174) Q2 (a) Firstly‚ GLL can issue share to raise fund. The company can have private placing to issue share. It can negotiate with individuals who have prior approval
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ZERO EMISSION SYSTEM- PALM OIL MILL For Subject: INTRODUCTION TO CHEMICAL ENGINEERING & EQUIPMENT MKL1113 BY: HISHAM B MUSTAPHA NUR MARDHIYA BT A RAHIM FAIZAL B AHMAD YASSER ARAFFAT B MUHD DAHABAN MsciPPM MAY 2013 Palm oil milling have been targeting for zero emission for a long period. With extracting crude palm oil (CPO) from fruit bunch is still can be consider at low cost technology‚ emission control at palm oil can be consider at a right track with more and more advance technology
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Petrie’s Electronics Case‚ Chapter 5‚ Questions 1‚ 3‚ and 5. 1. What do you think are the sources of the information Jim and his team collected? How do you think they collected all of that information? Jim collected informations by having interviews inside the company with stakeholders. He also worked with the marketing department to get some information from loyal customers. Jim and his team gathered some information about the current system. 3. If you were looking for alternative approaches
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CASE: PETRIE’S ELECTRONICS Determining Systems Requirements Although the customer loyalty project at Petrie’s Electronics had gone slowly at first‚ the past few weeks had been fast paced and busy‚ Jim Watanabe‚ the project manager‚ thought to himself. He had spent much of his time planning and conducting interviews with key stakeholders inside the company. He had also worked with the marketing group to put together some focus groups made up of loyal customers‚ to get some ideas about what they
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Conforming to productive working practices in the workplace Unit ref: - QCF642 • 1.1 Communication is a vital thing in the workshop‚ it is very important so that jobs are done productively and correctly. If the communication in the workshop was poor mistakes would Begin to take place and accidents could occur. • 1.2 The different methods of communication to the line management and colleagues are by talking to one another‚ team meetings‚ by telephone and even letters. In busy circumstances
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BRIEF SUMMARY ON SUPPORT ORGANISATION CARBON TRUST: The Carbon Trust is a Non profit company whose mission is to accelerate the move to a low carbon economy. They provide specialist support to help business and the public sector cut carbon emissions‚ save energy and commercialise low carbon technologies. The company aims to cut carbon by providing business and the public sector with expert advice‚ finance and accreditation and by motivating demand for low carbon products and services. They also
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Table of Contents Page Overview2 Introduction3 Chapter 1: Liquidation of a GmbH4 5 Sources 6 Introduction In this term paper‚ I will explore which necessary steps an individual must take to liquidate a GmbH (Gesellschaft mit beschränkter Haftung) in Germany. I will do this considering both the practical and jurisdicial steps one must take‚ as well as elaborating what each step entails. Moreover‚ I will explain in detail how a GmbH is liquidated and which reasons there might
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1 - Description of current activities. Maybank are one of the two parties in Malaysia whose take part in the CDP. They had showed their carbon commitments through their participation in the CDP since 2010. Basically‚ Carbon Disclosure Project (CDP) is a UK-based non-profit organization which involves the participation of stakeholders and companies to disclose greenhouse gas emission. Also Carbon Disclosure Project basically is a measurement and reporting on change of climate nowadays. Participation
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