companies winding up (area of practice)
公司清盘 (专业领域)
Recover Your Debts- Pay Up or Wind Up
追还您的债款-清还或者清盘
Companies Winding Up Handbook
Recover Your Debts- the Concept of Pay Up or Wind Up
公司清盘手册
追还您的债款-清还或者清盘的概念
Many people have the idea that if I should wind up my debtor, prove them to be insolvent and put them in liquidation, the bankers will be the biggest benefactor…
这是许多人的想法,如果我要清盘我的债务人,
Our experience with the laws relating to Companies Winding Up/ Liquidation/ Insolvency started in 1991. Whenever we ‘won’ in a companies winding up petition, the Respondent (debtor) would be wound up/ liquidated/ proved to be insolvent. There was an occasion when we witnessed one director shedding tears/ crying after receiving the news that his company was wound up a few days before the Chinese New Year. A taboo in our society…
In the year 2003 we came up with an idea and suggested it in court, the following is an extract from the Judgment of Dato Vincent Ng J (as he then was):
我们在公司清盘/清算/无力偿债的法律经验开始于1991年。
Mr. Alex Chang, who appeared for the second supporting creditor, suggested that the Respondent be given an opportunity to resolve the matter, failing which the winding up order be made. In all fairness, he suggested a later date, sometime in mid April 2002. His suggestion was enthusiastically received by Mr. Puspanathan.张惠华先生 代表第二支撑债权人建议了应诉人可拥有机会来解决此事,
This case was subsequently reported, see KTL SDN BHD V. AZRAHI HOTELS SDN BHD [2003] 3 CLJ 49 at page 51
So this is the Pay up Otherwise we will wind you up concept…
这案件后来被报道,查见KTL SDN BHD V. AZRAHI酒店SDN BHD [2003] CLJ 49的第51页
所以这就是清还否则我们将会对你作出清盘的概念…
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