Feb 26, 2014 11:49
10 yrs ago
31 viewers *
Spanish term

en liquidación

Spanish to English Bus/Financial Accounting Finanzas Estados Financieros
Los estados financieros presentan pérdidas acumuladas por US$xxxxxx en el 2013; la Ley de Compañías de la República XXXXX establece que cuando las pérdidas exceden al 50% o más del capital social y total de reservas, la Compañía entra necesariamente en liquidación, si los accionistas no proceden a reintegrarlo o a limitar el fondo social al capital existente.
Votes to reclassify question as PRO/non-PRO:

Non-PRO (2): philgoddard, Billh

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Proposed translations

+3
5 mins
Selected

into liquidation

It's saying that under this law a company will go into liquidation if the losses exceed a certain amount.
Peer comment(s):

agree Cecilia Barraza-Mukherjee
1 hr
thanks
agree philgoddard : Or just "must be liquidated".
2 hrs
thanks
agree Billh
2 hrs
thanks
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
7 hrs

winding-up process

Liquidacion is called winding-up in English
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