issue a dividend payment

Polish translation: wydać polecenia płatności udziału (wierzyciela)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:issue a dividend payment (to creditor)
Polish translation:wydać polecenia płatności udziału (wierzyciela)
Entered by: mike23

21:15 Mar 7, 2021
English to Polish translations [PRO]
Law/Patents - Law (general) / Personal insolvency
English term or phrase: issue a dividend payment
If the Official Receiver, as trustee, issues a dividend payment to creditors there will be an additional fee.
makawa
Local time: 16:04
wydanie polecenia płatności udziału wierzyciela (w masie upadłościowej)
Explanation:
Nie chodzi tu o dywidendę, ale o udział wierzyciela/i w masie upadłościowej i o wydanie polecenia płatności tego udziału (=sumy przypadającej każdemu z uczestników podziału). Czyli ma to miejsce po podziale sumy uzyskanej z egzekucji majątku dłużnika. Tak mi się przynajmniej wydaje. W Polsce reguluje to KPC.

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Note added at 2 days 18 mins (2021-03-09 21:34:24 GMT)
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Jest czasownik 'issue', czyli będzie 'wydać' polecenie ...

https://www.arslege.pl/kodeks-postepowania-cywilnego/k14/s75...

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Note added at 2 days 27 mins (2021-03-09 21:43:09 GMT)
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During the course of the bankruptcy it is possible for the trustee to seek an Income Payments Order whereby any excess earnings over the bankrupt’s basic cost of living are to be paid over to the trustee. This forms a fund out of which a dividend can be paid to the creditors at the end of the bankruptcy. The balance on debts in the bankruptcy is written off.
...
Dividend prospects
On small bankruptcies with nil assets the prospect of any dividend payment to creditors is extremely small. However, in the case of IVAs, there is a greater prospect of a dividend as approval is only given where there are genuine reasons to believe that the debtor can make future payments out of surplus income.
https://www.whatdotheyknow.com/request/13859/response/36875/...

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Note added at 2 days 40 mins (2021-03-09 21:55:47 GMT)
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Declaration and distribution of dividends in a winding up

[Note: section 324 makes provision in respect of such a declaration and distribution in a bankruptcy.]

14.27. Whenever a liquidator in a creditors’ voluntary winding up or a winding up by the court has sufficient funds in hand for the purpose the liquidator must, while retaining such sums as may be necessary for the expenses of the winding up, declare and distribute dividends among the creditors in respect of the debts which they have proved.
https://www.legislation.gov.uk/uksi/2016/1024/part/14/chapte...

7)What is a dividend?
...
A dividend is the name given to the payment of funds to creditors once assets have been realised. The claims of all unsecured creditors rank equally, and therefore all unsecured creditors will receive the same pence in the £ in respect of their claim.
https://assets.ey.com/content/dam/ey-sites/ey-com/en_uk/gene...

Personal insolvency

... creditors have received whatever dividend is possible in respect of amounts owed to them, the process has been administered independently and creditors can no longer take legal action to recover amounts still owed to them.
https://www.thegazette.co.uk/all-notices/content/103421
Selected response from:

mike23
Poland
Local time: 16:04
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
2wydanie polecenia płatności udziału wierzyciela (w masie upadłościowej)
mike23
1wydać/podjąć decyzję o wypłacie dywidend
geopiet


Discussion entries: 2





  

Answers


1 hr   confidence: Answerer confidence 1/5Answerer confidence 1/5
wydać/podjąć decyzję o wypłacie dywidend


Explanation:
.

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Note added at 1 hr (2021-03-07 22:33:59 GMT)
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Spółka która osiąga sukcesy gospodarcze z biegiem czasu akumuluje kapitał. Ten kapitał pośrednio jest własnością wspólników. W celu umożliwienia wspólnikom dostępu do tych środków ustanawia się zasady podziału zysków. W tym celu spółka ustanawia możliwość podjęcia uchwały przez zgromadzenie wspólników dotyczącej wypłaty dywidendy z zysku spółki.

geopiet
Native speaker of: Native in PolishPolish
PRO pts in category: 756
Login to enter a peer comment (or grade)

1 day 19 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
wydanie polecenia płatności udziału wierzyciela (w masie upadłościowej)


Explanation:
Nie chodzi tu o dywidendę, ale o udział wierzyciela/i w masie upadłościowej i o wydanie polecenia płatności tego udziału (=sumy przypadającej każdemu z uczestników podziału). Czyli ma to miejsce po podziale sumy uzyskanej z egzekucji majątku dłużnika. Tak mi się przynajmniej wydaje. W Polsce reguluje to KPC.

--------------------------------------------------
Note added at 2 days 18 mins (2021-03-09 21:34:24 GMT)
--------------------------------------------------

Jest czasownik 'issue', czyli będzie 'wydać' polecenie ...

https://www.arslege.pl/kodeks-postepowania-cywilnego/k14/s75...

--------------------------------------------------
Note added at 2 days 27 mins (2021-03-09 21:43:09 GMT)
--------------------------------------------------

During the course of the bankruptcy it is possible for the trustee to seek an Income Payments Order whereby any excess earnings over the bankrupt’s basic cost of living are to be paid over to the trustee. This forms a fund out of which a dividend can be paid to the creditors at the end of the bankruptcy. The balance on debts in the bankruptcy is written off.
...
Dividend prospects
On small bankruptcies with nil assets the prospect of any dividend payment to creditors is extremely small. However, in the case of IVAs, there is a greater prospect of a dividend as approval is only given where there are genuine reasons to believe that the debtor can make future payments out of surplus income.
https://www.whatdotheyknow.com/request/13859/response/36875/...

--------------------------------------------------
Note added at 2 days 40 mins (2021-03-09 21:55:47 GMT)
--------------------------------------------------

Declaration and distribution of dividends in a winding up

[Note: section 324 makes provision in respect of such a declaration and distribution in a bankruptcy.]

14.27. Whenever a liquidator in a creditors’ voluntary winding up or a winding up by the court has sufficient funds in hand for the purpose the liquidator must, while retaining such sums as may be necessary for the expenses of the winding up, declare and distribute dividends among the creditors in respect of the debts which they have proved.
https://www.legislation.gov.uk/uksi/2016/1024/part/14/chapte...

7)What is a dividend?
...
A dividend is the name given to the payment of funds to creditors once assets have been realised. The claims of all unsecured creditors rank equally, and therefore all unsecured creditors will receive the same pence in the £ in respect of their claim.
https://assets.ey.com/content/dam/ey-sites/ey-com/en_uk/gene...

Personal insolvency

... creditors have received whatever dividend is possible in respect of amounts owed to them, the process has been administered independently and creditors can no longer take legal action to recover amounts still owed to them.
https://www.thegazette.co.uk/all-notices/content/103421

mike23
Poland
Local time: 16:04
Specializes in field
Native speaker of: Native in PolishPolish
PRO pts in category: 2273
Login to enter a peer comment (or grade)



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