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-AFAR- CSD - 02 Corporate Liquidation.pdf

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02 Corporate Liquidation AFAR By CSD AFAR BY CSD AFAR BY CSD Corporate Liquidation Corporate Liquidation CSD Co....

02 Corporate Liquidation AFAR By CSD AFAR BY CSD AFAR BY CSD Corporate Liquidation Corporate Liquidation CSD Co. CORPORATE LIQUIDATION Process of winding up the corporation Statement of Affairs Voluntary or involuntary January 31, 20x1 Assets: revalued at quitting, liquidation, Net Free USL w/o or realizable (NRV) Remarks Assets Priority ↳ going concern NOT applicable anymore Excess of: Special Scenarios Assets pledged w/ FSL(A≥L) XX Liability includes 1. If no quitting/liqui/realizable values: FV or Est. FV (appraised value) Assets pledged w/ PSL (A

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