Source: https://www.global-regulation.com/translation/italy/621468/receivership-of-the-company-in-liquidation-cooperativaedilizia-in-milan-and-five-commissioner-appointed-liquidator.html
Timestamp: 2017-10-23 20:53:47
Document Index: 74625728

Matched Legal Cases: ['art. 7', 'art. 2545', 'art. 198', 'art. 9', 'Art. 1', 'art. 2545']

Machine Translation of "Receivership Of The Company In Liquidation» Cooperativaedilizia «In Milan And Five Commissioner Appointed Liquidator." (Italy)
Receivership Of The Company In Liquidation» Cooperativaedilizia «In Milan And Five Commissioner Appointed Liquidator.
Original Language Title: Liquidazione coatta amministrativa della «Societa' cooperativaEdilizia La Cinque in liquidazione», in Milano e nomina delcommissario liquidatore.
Read the untranslated law here: http://www.gazzettaufficiale.it/atto/serie_generale/caricaArticoloDefault/originario?atto.dataPubblicazioneGazzetta=2015-05-19&atto.codiceRedazionale=15A03629&elenco30giorni=false&atto.tipoProvvedimento=DECRETO
The MINISTER of ECONOMIC DEVELOPMENT having regard to the Decree of the President of the Council of Ministers December 5, 2013, # 158, embodying the organisational regulations of the Ministry of economic development, for the responsibilities of supervision of cooperative; Having regard to the Decree-Law No 95 July 6, 2012, converted into law August 7, 2012, # 135; Having regard to the request of the Confederation of Italian cooperatives has asked that the company «Societa ' cooperative housing The Five in liquidation» is admitted to the procedure of compulsory administrative liquidation; Having regard to the findings of the review of the Association of insolvency from which detects the State representation of the aforementioned cooperative society; Considered what emerges from the updated Chamber, made ex officio at the competent commercial register, from which it appears that the last annual account filed by the cooperative, reported the financial year December 31, 2013, shows a substantial insolvency condition as compared with assets of 674,431.00, there is a mass of €1,372,248.00 debt and a negative equity of €-749,038.00; Considering that it was acquitted the requirement laid down in art. 7 August 7, 1990 law n. 241, giving notice of commencement of proceedings to all stakeholders and that the legal representative has formalized the renunciation of counterclaims and agree to receivership; Visto l'art. 2545-l c.c. and deemed it necessary to have the forced liquidation of that company; Visto l'art. 198 Royal Decree March 16, 1942, # 267; Taking into account, in accordance with art. 9 of Act July 17, 1975, # 400, descriptions of the National Association of representation to which the Association is snug;
Decrees: Art. 1 The societa ' cooperativa «Societa ' cooperative housing The Five in liquidation», established in Milan (MI) (tax 06379420158) is placed in receivership, according to art. 2545-l c.c. Considered the specific job requirements, as resulting from the CV, he is appointed liquidator Dr. Marco Francesco Gianguido Miltiades Baccani (C.F. BCCMRC45B24B885R), born in Casale Monferrato (AL) the February 24, 1945, and lives in Milan, Piazza Cavour, # 3.