insolvent company meaning in English
无力偿还公司
无力偿债公司
Examples
- Liquidation ： in the case of an insolvent company , the process of selling off its assets , paying off its debts , and distributing the remaining cash to owners / shareholders ( to liquidate a company )
清算；变现：指无力偿债的公司变卖资产偿债，并把余下的现金分配给拥有人股东的过程。 - When appointed by the court and creditors , the official receiver is responsible for the proper and orderly administration of the estates of insolvent companies ordered to be wound up by the court under the winding - up provisions of the companies ordinance and of individuals or partners declared bankrupt by the court under the bankruptcy ordinance
破产管理署：破产管理署署长受法院及债权人委托，妥为管理那些经法院根据《公司条例》清盘条款下令进行清盘的公司的资产，以及那些经法院根据《破产条例》宣布破产的个别人士或合伙人的资产。 - When appointed by the court and creditors , the official receiver is responsible for the proper and orderly administration of the estates of insolvent companies ordered to be wound up by the court under the winding - up provisions of the companies ordinance and of individuals or partners declared bankrupt by the court under the bankruptcy ordinance
破产管理署：破产管理署署长受法院及债权人委托，妥为管理那些经法院根据《公司条例》清盘条款下令进行清盘的公司的资产，以及那些经法院根据《破产条例》宣布破产的个别人士或合伙人的资产。