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Từ vựng:

compulsory winding-up

Giải nghĩa:

/kəmˈpʌlsəri ˈwaɪndɪŋ ʌp/ – Phrase


Definition: việc giải thể cưỡng bức (theo lệnh tòa án).

A more thorough explanation: Compulsory winding-up refers to the process by which a company is forced to close and its assets are liquidated in order to pay off its debts. This is typically initiated by a court order in response to a petition from a creditor, shareholder, or regulatory authority, indicating that the company is insolvent and unable to meet its financial obligations.

Example: In the case of persistent failure to pay debts, the court may order the compulsory winding-up of the company.

 

 
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