Liquidating a corporation
Indeed, the Commission appears to take that position, though it is not convinced that the prospect of a "simplification proceeding" may not have had something to do with the "divestments." Although presumably there had been hearings meanwhile, the Commission took no official action on the petition until August 17, 1943; and during the intervening period the "Company" had still further reduced its holdings.It had disposed of its interest in the New Brunswick company, in the Washington companies and in the Arkansas holding corporation; so that it retained only one company in Missouri, two in Wyoming, two in Arizona, four in New Mexico, one in Colorado and the real estate company in Arizona.
If the company is insolvent, this means it is unable to pay its debts as they fall due.All businesses registered with the Secretary of State Corporate Division must first file Articles of Dissolution with the Indiana Secretary of State. Once the Articles of Dissolution are approved by the Secretary of State, and you receive a Certificate of Dissolution, the Department of Revenue requires the following forms: The final tax return for all Indiana tax types may be submitted with the documents listed above.If you have additional questions, you may call the Indiana Department of Revenue at (317) 233-0389. That petition was itself the outgrowth of a proceeding, commenced by a petition of the Commission, filed on March 4, 1940, under § 11(b) (1) of the Act, which sought to compel the "Company" to consolidate the operating utility companies which it then controlled, and which consisted of one such company in New Brunswick, four in the State of Washington, a holding corporation in Arkansas which held shares in several Arkansas operating companies, one operating company in Missouri, two in Wyoming, two in Arizona (one a transit company), four in New Mexico, one in Colorado, and a small real estate corporation in Arizona.
Isaacs, Chief Counsel, Division of Public Utilities, Ellwood L. Morton Weinstein, attorneys, Securities and Exchange Commission, all of Washington, D. The order was entered on June 19, 1950; it disposed of an issue which the Commission had reserved for future decision by an earlier order of September 11, 1947, which had granted a petition, filed in September, 1946, of the Federal Light and Traction Company — which we shall speak of as the "Company" — for leave to liquidate.
The company won’t exist once it’s been removed (‘struck off’) from the companies register at Companies House.