Decision No. 20/1999/QĐ-BCN of the Ministry of Industry terminates the operations of the Mechanical-Electronics-Rare Mineral Processing-Import Export Company (SUDEMEX) from the date of issuance of this decision. This decision also revokes previous decisions that conflict with its content.
Scope of application
The Mechanical-Electronics-Rare Mineral Processing-Import Export Company (SUDEMEX)
Key points
- The SUDEMEX Company must cease all production, business, and service activities from the date of issuance of this decision.
- The General Director of the SUDEMEX Company is responsible for completing procedures to terminate operations, settle debts, and other outstanding matters.
- The Financial Accounting Department, the Organization-Human Resources Department, and related functional departments under the Ministry shall direct, guide, and inspect the handling of financial issues, assets, and regulations concerning employees of the Company in accordance with state provisions.
- This decision takes effect from the date of issuance and revokes previous decisions that conflict with its content.
🌐 Social impact of this document
- The SUDEMEX Company will cease operations, affecting current employees and customers.
- Settling debts and disposing of assets may incur costs for the Company.
❓ Frequently asked questions
When will the SUDEMEX Company cease operations?
The SUDEMEX Company must cease all operations from the date of issuance of this decision.
Who is responsible for settling debts and disposing of assets of the SUDEMEX Company?
The General Director of the SUDEMEX Company is responsible for completing procedures to terminate operations, settle debts, and other outstanding matters.
When does this decision take effect?
This decision takes effect from the date of issuance.
Will the SUDEMEX Company be revoked of previous decisions conflicting with the content of this decision?
Yes, this decision revokes previous decisions that conflict with its content.
Full text
Pursuant to …;
Regarding the termination of operations of the Mechanical-Electronics-Mineral Processing Company for Rare Metals-Import Export General (SUDEMEX)
rare products-Import and export general department (SUDEMEX)
________________________
THE MINISTER OF INDUSTRY
Pursuant to the Government Decree No. 74/CP dated November 1, 1995 on the functions, tasks, powers, and organizational structure of the Ministry of Industry;
Pursuant to the State Enterprise Law adopted by the National Assembly on April 20, 1995; Decree No. 50/CP dated August 28, 1996 of the Government on the establishment, restructuring, dissolution, and bankruptcy of state enterprises;
Considering the legal basis and actual operational situation of the Mechanical-Electronics-Mineral Processing Company for Rare Metals-Import Export General (SUDEMEX);
At the proposal of the Director of the Personnel and Organization Department,
DECISION:
Article 1. Terminate the operations of the Mechanical-Electronics-Mineral Processing Company for Rare Metals-Import Export General (SUDEMEX), located at 70 Quan Thanh Street, Ba Dinh District, Hanoi City.
From the date this Decision is signed, the Mechanical-Electronics-Mineral Processing Company for Rare Metals-Import Export General must cease all production, business, and service activities in accordance with the law.
Article 2. The Director of the Mechanical-Electronics-Mineral Processing Company for Rare Metals-Import Export General (SUDEMEX) shall be responsible for completing the procedures to terminate the company's operations, settle debts, and other remaining issues.
The Financial Accounting Department, the Organization-Human Resources Department, and related functional departments under the Ministry shall be responsible for directing, guiding, and supervising the Director of the Mechanical-Electronics-Mineral Processing Company for Rare Metals-Import Export General (SUDEMEX) to handle financial, asset, and personnel matters according to state regulations.
Article 3. This Decision takes effect from the date of signing and revokes previous Decisions that conflict with this Decision.
The Head of the Ministry’s Office, the Inspector General of the Ministry, the Heads of the Ministry’s functional departments, and the Director of the Mechanical-Electronics-Mineral Processing Company for Rare Metals-Import Export General (SUDEMEX) are responsible for implementing this Decision./.
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