Liquidate - Law Dictionary Search Results
Home Dictionary Name: liquidate Page 1 of about 471 results ( seconds)liquidate
liquidate -dat·ed -dat·ing vt 1 : to determine by agreement or litigation the precise amount of ;also : to settle (a debt) by payment or other adjustment 2 a : to determine the liabilities and apportion the assets of esp. in bankruptcy or dissolution [ a corporation] compare bankruptcy b : to convert (as assets) into cash [ an estate] vi : to liquidate something (as a corporation) liq·ui·da·tion [li-kwə-dā-shən] n ...
To liquidate
To liquidate, means to ascertain and/or apportion, Dena Bank v. K. Motiram Vakil, AIR 1989 Bom 264: 1988 (2) Cur CC 1153: (1989) 1 Bank CLR 499: (1988) 3 Bom Cr 210: (1988) 90 Bom LR 275: 1988 Mah LR 1691...
Liquidator
Liquidator. A person appointed to conduct the winding-up of a company under the (English) Companies Act, 1929. Liquidators are of three kinds:--(1) Appointed by the court in a winding-up by the Court. pending appointment the Official Receiver in Bankruptcy is to act as Official Receiver and Liquidator in the winding-up (s. 185). By s. 186, in England, liquidators other than the Official Receiver must provide security to the satisfaction of the Board of Trade. His duties comprise the collection of the company's property, and this property or any part of it may vest in him on his application. He may bring or defend actions relating to that property in his own official name (s. 190). Powers which he may exercise subject to the sanction of the court or a Committee of Inspection are setout in s. 191(1); sub-s. (2) of that section gives a list of powers for which such sanction is not required. The duties of a liquidator are to collect, administer, and distribute the assets, having regard to ...
Liquidation
Liquidation. As to liquidation by arrangement with creditors, see the repealed Bankruptcy Act, 1869 (32 & 33 Vict. c. 71), s. 125; but the procedure was not re-established by the Bankruptcy Act, 1883. The liquidation of joint stock companies is provided for by Part IV. of the Companies Act,1929. See next title and WINDING-UP....
liquidated
liquidated 1 : settled or determined by liquidating see also liquidated damages at damage 2 : capable of being readily fixed, calculated, or ascertained as a sum esp. without dispute or reliance on opinion or discretion ...
liquidating
liquidating : produced or occurring as a result of liquidation [a dividend] ...
liquidity
liquidity : the quality or state of being liquid ...
Liquidation
The act or process of liquidating the state of being liquidated...
Liquidness
The quality or state of being liquid liquidity fluency...
Liquidated demand
Liquidated demand, where an action is brought for the recovery of a liquidated sum the writ of summons may be specially endorsed; see the title LEAVE TO DEFEND....
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