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Understanding 公司清盤呈請 (Company Winding-Up Petition)

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A 公司清盤呈請, or company winding-up petition, is a legal process that begins when creditors, shareholders, or other authorized parties request the court to liquidate a company. This usually happens when the company cannot repay its debts or is no longer able to operate in a financially sustainable way. In many jurisdictions, including Hong Kong and other common law systems, this ste... https://www.ruthy-chan-bankruptcy.com/compulsory-winding-up
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