During the day of this Friday, January 6, it was announced that the renowned company Microplay will begin its voluntary liquidation of assets and the cessation of its operations.
Although this is not the first time that there has been talk regarding the chain closureand some clients take the information calmly, everything seems to indicate that this time it is more than a rumor.
The slogan of yoursa is “Life is for playing it”, but, as in any game, there is the possibility of losing and it seems that the time has come. game over from the popular firm. This, due to economic problems that led them to one last and lapidary play.
“It has become impossible for us to continue with the company Microplay SA, today a Voluntary Liquidation Bankruptcy Procedurewith the aim of liquidating all of the company’s assets and paying all creditors with the proceeds of this realization,” says the letter signed by the company’s management.
The statement also specifies that: “This procedure will endeavor to respect the legal presence of all creditors and ensure the maximization of the company’s assets”.
an imminent closure
For this scenario that Microplay is entering, beyond its eventual closure, it is important to take into account what is considered in a Voluntary Liquidation Bankruptcy Procedure.
This is a legal action that has as the “quick and efficient liquidation of the assets of a debtor company, in order to tend to pay your creditors“, details the Superintendence of Insolvency and Re-entrepreneurship.
In this way, the company will insist on being able to sell its assets. This, in order to pay its suppliers, different collaborators, and even its workers.
with this too it begins to give way to the closure of its different branches. In addition, to this are added various reports from customers who reported some closed stores. Even Microplay’s social networks have not published anything since December 28.
In this sense, it is important to highlight that the liquidation process requires the specification of: list of assets; where they are located and the taxes that affect them; list of assets legally excluded from the liquidation; workers’ payroll, and last balance, among others.