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Rosenwald Consulting Limited P O Box 15543 Tauranga 3144 Phone: 021 227 7408 Email: tour rodewaldconsulting.co.NZ DR Holdings (2014) Limited (In Liquidation) Liquidators First Report 30 May 2018 1.
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What is limited in liquidation?
Limited in liquidation refers to a specific legal status that companies attain when they cease operations and are in the process of distributing their assets to creditors and shareholders, typically under the supervision of a court or regulatory authority.
Who is required to file limited in liquidation?
Companies that are undergoing liquidation but wish to limit their activities and obligations to creditors are required to file for limited in liquidation. This includes both businesses that are voluntarily liquidating and those that are being liquidated involuntarily.
How to fill out limited in liquidation?
To fill out limited in liquidation, a company must complete the relevant forms provided by the regulatory authority, which typically include information about the company's financial status, assets, liabilities, and the details of the liquidation process.
What is the purpose of limited in liquidation?
The purpose of limited in liquidation is to ensure an orderly winding down of a company's operations while protecting the interests of creditors and shareholders, facilitating the fair distribution of remaining assets.
What information must be reported on limited in liquidation?
Information that must be reported includes the company's name, registration number, details of directors, a statement of assets and liabilities, and the plan for liquidation, including any proposed distributions to creditors.
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