provocar la colocación de sellos sobre los bienes y valores de la compañía
English translation: freezing
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Spanish term or phrase:
provocar la colocación de sellos sobre los bienes y valores de la compañía
Spanish to English translations [PRO] Bus/Financial - Finance (general)
Spanish term or phrase:provocar la colocación de sellos sobre los bienes y valores de la compañía
Hi Guys, I was hoping you could help me with an expression from the Dominican Republic. I'm translating Articles of Incorporation for a Dominican company, and one of the Articles reads: "La compañía no se disolverá por el fallecimiento, la interdicción, la incapacidad o la quiebra de los accionistas, uno, varios todos. Los herederos, causahabientes o acreedores de un accionista, no pueden por ningún motivo que fuere, provocar la colocación de sellos sobre los bienes y valores de la compañía, o pedir su disolución, partición o liquidación, ni inmiscuirse en la administración de los negocios generales de la compañía." ...
Specifically, I'm having trouble with this part: "provocar la colocación de sellos sobre los bienes y valores de la compañía"
Sounds like they are talking about putting a claim on the company assests. -- Could you please help? --
Million thanks in advance.
Explanation: … to bring upon the freezing of the Company’s assets,
to freeze = to immobilize [by governmental regulation] the expenditure, withdrawal, or exchange of <freeze foreign assets>; to prevent or restrict the exchange, withdrawal, liquidation, or granting of by governmental action: freeze investment loans during a depression; froze foreign assets held by U.S. banks.
http://www.audioenglish.net/dictionary/lay_claim.htm
And I think in this context it is stating that "no heirs, successors or creditors of a shareholder can 'lay claim' to any of the company's property or assets..." [and by stating 'lay claim', it is implicit that, if challenged, it will have to be carried out legally]
Something tells me this is about some legal measure such as registering liens against assets, not simply laying claims to assets
I am not sure of the correct expression
See:
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servicios, el aseguramiento de mercancías y la suspensión ...
www.mexicolaw.com/LawInfo24.htm - Cached
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[DOC]
www.eeq.com.ec/upload/cotiAnex/20060707013443.doc
134k - Microsoft Word - View as html
ESTE ES UN EJEMPLO En caso de tener alternativa (s), llene este formulario para cada una. ... DISPOSITIVO PARA COLOCACIÓN DE SELLOS EN BORNERA. SI. 1. CAJA DE BORNES APROPIADA PARA ...
www.eeq.com.ec/upload/cotiAnex/20060707013443.doc
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Answers
14 mins confidence:
"provocar la colocación de sellos sobre los bienes y valores de la compañía"
sellos = seal off
Explanation: Hi,
I think that the document intends to maintain everybody out of the company's direction and control except for the shareholders. So the document intends to ward off the heirs of a deceased shareholder and does not allow them to take preemptive measures such as sealing off an asset of the company (like a building or office, etc.).
Pablo Marrero Local time: 03:41 Native speaker of: Spanish
lay claim to / assume / take on - any of the company's property or assets
Explanation: My take on your text. I've listed the 3 options according to my personal preference.
Suerte.
James A. Walsh Spain Local time: 09:41 Specializes in field Native speaker of: English, Spanish PRO pts in category: 135 1 corroborated select project in this pair and field
Explanation: … to bring upon the freezing of the Company’s assets,
to freeze = to immobilize [by governmental regulation] the expenditure, withdrawal, or exchange of <freeze foreign assets>; to prevent or restrict the exchange, withdrawal, liquidation, or granting of by governmental action: freeze investment loans during a depression; froze foreign assets held by U.S. banks.
Simon Charass Canada Local time: 03:41 Specializes in field Native speaker of: English, French PRO pts in category: 40
\"provocar la colocación de sellos sobre los bienes y valores de la compañía\" => provocar la colocación de sellos sobre los bienes y valores de la compañía
The translation workplace 
peer agreement (net): +1
