Forced Liquidation Of The "millennial Societa ' Cooperativa», In Catanzaro And Appointment Of Liquidator.

Original Language Title: Liquidazione coatta amministrativa della «Millenaria societa'cooperativa», in Catanzaro e nomina del commissario liquidatore.

Read the untranslated law here:

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 by which the legal representative of the company "Millennial-Societa ' cooperativa" asked that it be admitted to the procedure of compulsory administrative liquidation; 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 to December 31, 2013, shows a substantial insolvency condition as compared with working capital of €704,625.00 there is a debt of €880,344.00 mass and a negative equity of €-50,568.00; 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; Noting that the legal representative of that company has formalized its renunciation of any counterclaims to be produced; 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;
Decrees: Art. 1 The company "Millennial-Societa ' cooperativa" based in Catanzaro (fiscal code 02677640795) 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. Philip jar, born in Bari on October 5, 1946 and resident in Corso Cavour, # 51.