Liquidation means that the Court, by way of an Order of Liquidation, places the insurer under legal supervision and control of the Superintendent of Insurance within its state of domicile. During the liquidation process, all policies are cancelled and premiums returned to the former insureds. All assets are marshalled and generally liquidated. Applicable Guarantee Funds are triggered. All claims against the insurer are identified, quantified, and adjudicated.

Liquidation means the process of a company closing and the assets being turned into liquid money - hence liquidation. It is organised and managed by a licensed insolvency practitioner. See similar questions...

CIB will consider complaints against companies which have entered into formal insolvency proceedings (administration, administrative receivership, and voluntary liquidation). However, CIB is unlikely to investigate where the misconduct alleged can be dealt with by the Insolvency Practitioner involved, who has a duty to report to the Secretary of State under the Company Directors Disqualification Act 1986. CIB will not consider a complaint against a company in compulsory liquidation ( i.e. See similar questions...

A liquidator must give regular reports throughout the liquidation. These reports are sent to every known creditor, shareholder and to the Registrar of Companies. Time limits for delivery of these reports are the same for all liquidations ie: Within 20 working days of each 6-months following the commencement of the liquidation. See similar questions...

The liquidation is complete when the liquidator makes a final report to the Registrar. As soon as practicable after completing his or her duties in relation to the liquidation, the liquidator must send or deliver a copy of the Final Report and Public Notice to the Registrar for registration. See similar questions...

Liquidation costs depend on the type of security that is donated. For publicly traded securities, NPT's costs are comparable to an institutional trade. For other types of assets liquidation and appraisal costs could be higher. For more information, please visit our Donor FAQs, which answers additional questions about the NPT Donor Advised Fund. See similar questions...

Specifically, it refers to visual performance, which is the major component in determining productivity on a computer. The study measured the subjects’ output in terms of the time they needed to complete a task and the number of errors they made. See similar questions...

Mensheds Australia has set up a very special collaborative Help Desk and Resource Centre for men's sheds everywhere. It is way of cooperating and communicating with each other. Collaboration enables a range of management and other benefits to flow more cost effectively between the people involved with men's sheds. See similar questions...

Biomass energy or "bioenergy" includes any solid, liquid or gaseous fuel, or any electric power or useful chemical product derived from organic matter, whether directly from plants or indirectly from plant-derived industrial, commercial, or urban wastes, or agricultural and forestry residues. Thus bioenergy can be derived from a wide range of raw materials and produced in a variety of ways. See similar questions...

The Aromatherapy Registration Council (ARC) endorses the concept of voluntary, periodic registration by examination for all individuals practicing aromatherapy. Registration focuses specifically on the individual and provides formal recognition of a basic level of knowledge in the field of Aromatherapy. See similar questions...

A single physical location where business is conducted or where services or industrial operations are performed. (For example: a factory, mill store, hotel, movie theater, mine, farm, administrative office.) If distinctly separate activities are performed at the same location, and if there is significant employment in each acitivity, then each activity should be treated as separate, (For example: construction activities operated out of the same physical location as a lumber yard. See similar questions...

In a Receivership assets are realised for the benefit of the secured creditor who made the appointment of a Receiver but in a Liquidation the assets are realised primarily for the benefit of the unsecured creditors. See similar questions...

Nobody can make a debtor pay if they are in Liquidation or receivership. However we can check to make sure that this is the case. We will check to make sure it is legitimate and that you are informed of meetings and who the other creditors are. Some company's send out notices that they are going into receivership but don't actually cease trading: it pays to check. We will also provide you with the administrator / liquidators contact details. See similar questions...

The LIQUIDATION program was designed for companies who have written off their trade show exhibit, no longer see a use for it, and wish to dispose of the properties rapidly, without the additional removal expenses (i.e., warehouse handling fees, trash site fees. transportation, etc.) which sometimes can run into thousands of dollars. It is an alternative option for companies who don't have the necessary information to produce a marketable sales package. See similar questions...

Upon conclusion of its primary obligations (marshaling assets, liquidating assets, adjudicating claims, and making distributions to creditors) the liquidator will generally petition the Court for an order approving a final distribution, closing the estate, and discharging the liquidator. Arrangements may be made and certain records may be temporarily retained in order to address post-closure inquiries. See similar questions...

We have two permanent outlet stores and one liquidation center featuring closeouts, seconds and surplus inventory at savings up to 70%. They are open to retailers, and wholesalers, as well as to the public. You will find a wide assortment of candles, glassware, potpourri and more. Call or go to www.mapquest.com for directions to any of the three store locations. See similar questions...

A Chapter 7 bankruptcy is sometimes called a liquidation. All of your non-exempt property is turned over to the Chapter 7 trustee who sells it and uses the money received to pay your unsecured creditors on a pro-rata basis. You can then receive a discharge and get a fresh start. See similar questions...

The section under, and the grounds on which, it is intended to remove the company from the New Zealand register, and The date by which an objection to the removal must be delivered to the Registrar (which shall be not less than 20 working days after the date of the notice). The liquidator is required to file a copy of the Public Notice with the Registrar, along with a copy of the Final Report. See similar questions...