Table of Contents Page Overview2 Introduction3 Chapter 1: Liquidation of a GmbH4 5 Sources 6 Introduction In this term paper‚ I will explore which necessary steps an individual must take to liquidate a GmbH (Gesellschaft mit beschränkter Haftung) in Germany. I will do this considering both the practical and jurisdicial steps one must take‚ as well as elaborating what each step entails. Moreover‚ I will explain in detail how a GmbH is liquidated and which reasons there might
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In medieval times‚ punishment was often as brutal as the crimes. The executioners would do bad things to the sinners‚ such as a method called breaking with the wheel‚ the head crusher‚ or even the guillotine. The sinners would sometimes get hung. The rope that went around the sinners’ neck was called the noose. They hung sinners in gallows. They also used a hanging cage. They also made sinners sit in spiked chairs. The Iron Maiden was an example of one of these. Pressing was one of the
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Winding up of Company: Winding up of a company is the process whereby its life is ended and its property administered for the benefit of its creditors and members. An administrator called a liquidator‚ is appointed and he takes control of the company‚ collects its debts and finally distributes any surplus among the members in accordance with their rights. Kind of Companies can be wound up: Only a limited company can be wound-up. The term "winding-up" (or "wound-up") bears a similar meaning of
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The procedure for creditor’s voluntary winding up: i) A board meeting convene by the company’s directors to decide on the date of the EGM and creditor’s meeting. These meeting must be held within one month from the date of statutory declaration (Form 65A) ii) The directors make a statutory declaration of Form 65 (statutory declaration of inability of company to continue business and that meetings of the company and its creditors have been summoned) and lodged with the CCM. iii) The Company’s director
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Wrongful dismissal isn’t an acceptable way to get rid of staff. Do you believe you were wrongfully dismissed from your recent job? If you think you were‚ consider the five signs below. 1. Contractual Obligations If you signed a contract with an employer‚ it likely includes a termination clause. This is an important clause to reread‚ not only if you think you’ve been wrongfully dismissed but because many of these clauses aren’t drafted properly. The clause has to abide by the province’s minimum standards
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Mentally Ill Executions "An eye for an eye‚ and a tooth for a tooth" is the philosophy many people use when it comes to the punishment of criminals. The death penalty has been debated for many years as it has come into and then fallen out of favor for the American public. Today the death penalty by lethal injection has been put on hold on a couple of states. The legality of the "cruel and unusual punishment" is being heatedly debated. The death penalty is especially volatile when it comes to
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The question of whether Australian law should recognise wrongful life as a compensable tort is not an easy question to answer. Both sides need to be taken into account for a decision to be made; there are many arguments both for and against the recognition of wrongful life becoming a compensable tort. Wrongful life is a form of medical negligence and has been defined as ‘an action brought by or on behalf of a child complaining of negligent conduct before birth which results in its birth when had
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1 Wrongful Convictions in Canada James Doe 153678 (Student Number) Course Name Course Section Dr. Bahareh Assadi (Instructor Name) November 20‚ 2012 2 Wrongful Convictions in Canada One of the most controversial issues existing in the Criminal Justice System is the concept of wrongful convictions. The problem is that occasionally innocent accused persons are convicted of crimes that they have not committed resulting in unfair prison sentences. Criminologists in Canada are exploring
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Project Execution Plan Purpose: The PEP is the core document for the management of a project. It is a statement of policies and procedures defined by the project director‚ although usually developed by the project manager for the project sponsor/project director’s approval. It sets out in a structured format the project scope‚ objectives and relative priorities. For non-construction projects see Project plan. Fitness for purpose: Does the PEP: Include plans‚ procedures and control processes for
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Computer-integrated manufacturing (CIM) is the manufacturing approach of using computers to control the entire production process.[1][2] This integration allows individual processes to exchange information with each other and initiate actions. Through the integration of computers‚ manufacturing can be faster and less error-prone‚ although the main advantage is the ability to create automated manufacturing processes Before we discuss what an MES is and does‚ we need a brief history lesson on the
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