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1. Meeting Details: Date, time, location of the board meeting, directors present, and confirmation of quorum
2. Preamble: Company details including registration number, registered address, and statement of current business status
3. Background: Reasons for business closure and confirmation that directors have reviewed relevant financial and operational information
4. Resolution Statements: Formal declaration of the board's decision to cease business operations and initiate closure procedures
5. Implementation Plan: Timeline and steps for business closure, including key dates and responsibilities
6. Appointment of Representatives: Designation of individuals authorized to execute closure procedures
7. Employee Matters: Decisions regarding employee termination, settlement of dues, and benefits
8. Financial Arrangements: Plan for settlement of accounts, creditors, and distribution of remaining assets
9. Regulatory Compliance: Steps to ensure compliance with Hong Kong laws and regulations during closure
10. Execution: Signature section for directors and company secretary
1. Property Disposal: Required if company owns real estate or significant physical assets that need specific disposal instructions
2. Intellectual Property: Needed if company owns patents, trademarks, or other IP requiring transfer or disposal
3. Subsidiary Companies: Required if the company has subsidiary entities that need to be addressed
4. Special Licenses: Necessary if company holds regulated licenses requiring specific surrender procedures
5. Ongoing Litigation: Required if there are pending legal matters that need to be addressed
6. International Operations: Needed if company has overseas branches or operations requiring closure
1. Schedule A - Financial Statement: Latest financial position of the company
2. Schedule B - Asset Register: Complete list of company assets and their proposed disposal
3. Schedule C - Creditor List: List of all creditors and outstanding amounts
4. Schedule D - Employee Register: List of employees and their entitlements
5. Appendix 1 - Notice of Cessation: Draft notice to be filed with Companies Registry
6. Appendix 2 - Timeline: Detailed closure implementation timeline
7. Appendix 3 - Power of Attorney: Authorization documents for appointed representatives
Board
Directors
Resolution
Closure Date
Effective Date
Business Operations
Registered Office
Companies Registry
Company Secretary
Authorized Representatives
Assets
Liabilities
Creditors
Debtors
Employees
Stakeholders
Winding-up Process
Implementation Plan
Termination Notice
Outstanding Obligations
Financial Statements
Corporate Records
Business Registration
Regulatory Authorities
Liquidator
Cessation Notice
Statutory Requirements
Final Accounts
Distribution Plan
Authority and Powers
Asset Disposal
Employee Termination
Creditor Settlement
Regulatory Compliance
Notice Requirements
Implementation Timeline
Financial Settlement
Record Retention
Tax Clearance
Contract Termination
Signatory Authorization
Winding Up Procedure
Asset Distribution
Liability Settlement
Document Filing
Legal Compliance
Public Notification
Bank Account Closure
Business Registration Cancellation
Insurance Termination
Intellectual Property Disposition
Corporate Seal Usage
Final Accounts Preparation
Manufacturing
Retail
Technology
Financial Services
Professional Services
Construction
Food and Beverage
Healthcare
Education
Real Estate
Logistics
Hospitality
Media and Entertainment
Trading
E-commerce
Legal
Finance
Human Resources
Corporate Secretarial
Compliance
Operations
Administration
Risk Management
Corporate Affairs
Board Secretariat
Chief Executive Officer
Managing Director
Company Secretary
Chief Financial Officer
Legal Counsel
Board Director
Human Resources Director
Finance Manager
Operations Manager
Compliance Officer
Risk Manager
Administrative Director
Corporate Affairs Manager
Liquidator
External Auditor
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