felszámolásában

Felszámolásában is a Hungarian term that translates to "in its liquidation" or "in its winding up." It refers to the process of bringing a legal entity, such as a company or an organization, to an end. This process typically involves settling its debts, distributing any remaining assets to its stakeholders, and formally dissolving the entity.

The liquidation process is usually initiated when a company becomes insolvent and is unable to meet its financial obligations, or when its owners decide to close it down voluntarily. A liquidator, often appointed by a court or by the company's shareholders, oversees the entire procedure. The liquidator's primary responsibilities include gathering all the company's assets, selling them to generate funds, and then using these funds to pay off creditors in a specific order of priority.

If there are any assets left after all debts have been settled, these remaining funds are distributed among the shareholders or members of the organization according to their ownership stakes. Once all financial matters are concluded and the legal requirements are met, the company is formally de-registered and ceases to exist as a legal entity. The term "felszámolásában" specifically denotes the state or context of this liquidation process, implying that an action or event is occurring within or as part of this winding-up procedure.