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Fed in The District Court of Travis County, Texas Q)cause No. D1GN200010521dTHE STATE OF TEXAS. Plaintiff MAR 052020 JG At Vela L Price, District Clerk IN THE DISTRICT COURT OF v.TRAVIS COUNTY, TEXASWINDHAVEN
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How to fill out order appointing liquidator permanent

01
To fill out an order appointing a permanent liquidator, follow these steps:
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Begin by entering the name of the court at the top of the order.
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Then, provide the case number or other identifying information that is relevant to the matter.
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Clearly state the title of the order as 'Order Appointing Liquidator Permanent'.
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Indicate the name and contact information of the petitioner or the party who is requesting the appointment of a permanent liquidator.
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Specify the name and contact details of the proposed permanent liquidator.
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Include a brief statement explaining the reason for appointing a permanent liquidator.
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Mention any supporting documentation or evidence that justifies the appointment.
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Clearly state the duration or term of the appointment.
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Provide any specific instructions or conditions for the liquidator's role.
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Include a provision for the compensation or remuneration of the permanent liquidator.
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Leave space for the signatures of the judge, petitioner, and proposed permanent liquidator.
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Finally, add the date at the bottom of the order.
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Make sure to review the completed order for accuracy and completeness before submitting it to the appropriate authority.

Who needs order appointing liquidator permanent?

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An order appointing a permanent liquidator is typically needed in situations where a company or organization is going through liquidation or winding up. It is necessary to appoint a permanent liquidator who will oversee the process and ensure that assets are properly distributed to creditors and stakeholders. Various parties may need such an order, including:
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- Creditors who want to initiate legal proceedings for the liquidation of a company in order to recover their debts.
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- Stakeholders or shareholders who aim to dissolve a company and distribute its assets among the relevant parties.
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- Directors or officers of a company who believe that liquidation is the best course of action for the company's financial situation.
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- Court officials or administrators responsible for overseeing the liquidation process and ensuring legal compliance.
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These are just a few examples of individuals or entities who may require an order appointing a permanent liquidator. The need for such an order may vary depending on the jurisdiction and specific circumstances.
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An order appointing a permanent liquidator is a legal directive issued by a court that permanently assigns a liquidator to manage the winding up of a company’s affairs, including the liquidation of assets and settlement of debts.
Generally, the court or the official liquidator files the order. It may also be filed by creditors or members of the company who petition for the winding up.
To fill out the order, one must complete the relevant sections with details including the name of the company, the reason for liquidation, the appointed liquidator's information, and any court directives, ensuring all information is accurate and complete.
The purpose of this order is to legally establish the authority of a liquidator to take control of the company's assets, manage the liquidation process, and ensure that creditors are paid from the realized assets.
The order must include the name and details of the liquidator, the name and registration details of the company, the reasons for the liquidation, and the date the order is issued.
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