{"id":71126,"date":"2017-01-13T14:42:51","date_gmt":"2017-01-13T06:42:51","guid":{"rendered":"http:\/\/www.ccwlawyers.com.hk\/%e6%9c%89%e9%99%90%e5%85%ac%e5%8f%b8%e6%b8%85%e7%9b%a4\/"},"modified":"2017-08-17T16:17:16","modified_gmt":"2017-08-17T08:17:16","slug":"companies-windup-up","status":"publish","type":"page","link":"https:\/\/ccwlawyers.com.hk\/en\/services\/companies-windup-up\/","title":{"rendered":"Companies Winding Up"},"content":{"rendered":"

[vc_row type=”container” padding_top=”” padding_bottom=””][vc_column][\/vc_column][\/vc_row][vc_row type=”container” padding_top=”” padding_bottom=””][vc_column][vc_column_text]<\/p>\n

Companies Winding-up<\/strong><\/h4>\n

<\/h4>\n

<\/h4>\n

What is winding-up?<\/strong><\/p>\n

Winding-up of a company means to dissolve a company through legal procedures. Modes of winding up include voluntary winding-up and compulsory winding-up. Both types of companies winding-up require an appointment of a liquidator. The liquidator will collect the company\u2019s assets, investigate its affairs and deal with claims by and against the company. Ultimately the liquidator will distribute the assets in a prescribed manner amongst the company\u2019s creditors in accordance with their rights.<\/p>\n

 <\/p>\n

Why winding up and who may present a winding-up petition?<\/strong><\/p>\n

1. Compulsory winding-up<\/u><\/p>\n

    \n
  • If you are a creditor of the company, and you wish to force the company to repay its debts;<\/li>\n
  • If you are an unpaid employee of the company, and you wish to force the company to repay your outstanding wages or make a claim to the Protection of Wages on Insolvency Fund (PWIF);<\/li>\n
  • If you are a minority shareholder of the company and is of the view that your interest in the company is unfairly prejudiced by other shareholders; and<\/li>\n
  • When there is management deadlock which makes your company unable to continue its operation.<\/li>\n<\/ul>\n

     <\/p>\n

    2. \u00a0Compulsory winding-up<\/u><\/p>\n

      \n
    • If you are a shareholder or director of a company that is insolvent and unable to continue with its operation, you may want to dissolve the company in a legal and organized manner so that you can account to your creditors.<\/li>\n<\/ul>\n

      [\/vc_column_text][\/vc_column][\/vc_row][vc_row type=”container” padding_top=”” padding_bottom=””][vc_column][vc_column_text]Our services include:<\/strong><\/p>\n

      1.Compulsory winding-up<\/u><\/p>\n

      We provide you with detailed case analysis and legal advice on the winding-up procedures, assist you in making application to the court to wind-up the company and deal with the related legal procedures on your behalf.<\/p>\n

      2.Voluntary winding-up<\/u><\/p>\n

      We will handle the whole winding-up process on your behalf which includes: making the necessary applications to the court, answering your creditors\u2019 enquiries and appointing liquidator.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

      [vc_row type=”container” padding_top=”” padding_bottom=””][vc_column][\/vc_column][\/vc_row][vc_row type=”container” padding_top=”” padding_bottom=””][vc_column][vc_column_text] Companies Winding-up What is winding-up? Winding-up of a company means to dissolve a company through legal procedures. Modes of winding up include voluntary winding-up and compulsory winding-up. Both types of companies winding-up require an appointment of a liquidator. The liquidator will collect the company\u2019s assets, investigate its affairs […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":71369,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-71126","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/ccwlawyers.com.hk\/en\/wp-json\/wp\/v2\/pages\/71126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ccwlawyers.com.hk\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ccwlawyers.com.hk\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ccwlawyers.com.hk\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ccwlawyers.com.hk\/en\/wp-json\/wp\/v2\/comments?post=71126"}],"version-history":[{"count":8,"href":"https:\/\/ccwlawyers.com.hk\/en\/wp-json\/wp\/v2\/pages\/71126\/revisions"}],"predecessor-version":[{"id":72621,"href":"https:\/\/ccwlawyers.com.hk\/en\/wp-json\/wp\/v2\/pages\/71126\/revisions\/72621"}],"up":[{"embeddable":true,"href":"https:\/\/ccwlawyers.com.hk\/en\/wp-json\/wp\/v2\/pages\/71369"}],"wp:attachment":[{"href":"https:\/\/ccwlawyers.com.hk\/en\/wp-json\/wp\/v2\/media?parent=71126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}