liquidation

(redirected from Creditors voluntary liquidation)
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Related to Creditors voluntary liquidation: Members voluntary liquidation
  • noun

Synonyms for liquidation

Synonyms for liquidation

termination of a business operation by using its assets to discharge its liabilities

the act of exterminating

the murder of a competitor

References in periodicals archive ?
A board meeting was subsequently held on Monday, February 17, 2014, at which my firm (Broadbents Business Recovery Services Limited) was instructed to assist the director with placing his company (DMC Restaurants Limited) into creditors voluntary liquidation - all staff members were immediately made redundant.
A board meeting was subsequently held on Monday, February 17, 2014, at which my firm was instructed to assist the director with placing his company (DMC Restaurants Limited) into creditors voluntary liquidation - all staff members were immediately made redundant.
executive function or within 12 months after he ceased to be a director with an executive function, had a receiver appointed or went into compulsory liquidation, creditors voluntary liquidation, administration or company voluntary arrangements, or made any composition or arrangements with its creditors generally or with any class of its creditors; or
He said: "For some time now I have and continue to restructure my business interests, part of this is the close the Group company by Creditors Voluntary Liquidation.
Staff from chartered accountants Dains LLP have been ordered to start moves to place the company into creditors voluntary liquidation and will deal with demands for refunds from parents over nursery fees and party cancellations.