Use of this website means you have accepted the policy. Another may bring a fully engineered design to us, requiring our assistance only in Tooling/Prototyping and Manufacturing. The Acquisition is proposed as a merger of Merger Sub with and into the Company, in accordance with the Delaware General Corporation Law, with the Company being the surviving corporation.The Acquisition is not governed by the UK City Code on Takeovers and Mergers ("") by virtue of EGI's status as a corporation incorporated in Delaware with its principal office located outside the UK.Merger Sub is a newly incorporated company formed for the purpose of implementing the Acquisition.Merger Sub has not carried on any business prior to the date of the Merger Agreement and has not prepared any historical financial accounts.
") to be published as soon as practicable and, in any event, within 30 days of the date of this Announcement.
It can take account of personal relationships of mutual trust and confidence in small parties, particularly, for example, where there is a breach of an understanding that all of the members may participate in the business, Upon hearing the application, the court may either dismiss the petition, or make the order for winding-up.
The court may dismiss the application if the petitioner unreasonably refrains from an alternative course of action.
The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry.
Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation) or voluntary (sometimes referred to as a shareholders' liquidation, although some voluntary liquidations are controlled by the creditors, see below).