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FILING
"A place for everything and everything in its place" is an old saying. We are aware of the implications of this saying in our daily life. If everything in our house or office is not in its place, then it creates utter chaos and confusion. Similarly, there must be a proper place for the things we have. If we dump them together for one reason or the other, then every time we need particular- item we will have the ordeal of searching them among all the other things. Hence the need to put things in proper places arises.
Meaning and Purpose
We use the worst filing in our day-to-day life when we arrange related things in an order - for example, filing of papers on a topic, Webster's Dictionary defines filing as: "to arrange in order for preservation or reference", Hunter and Bakewell in their work on cataloguing define a file as "a collection of related and usually similarly constructed records treated as a unit, e.g., the catalogue of a library."
Filing helps to find a place for everything and also helps in bringing order among things. Thus, filing serves both the purposes of preservation and ready use of things preserved through a logical approach. It saves time in using a collection and also brings together closely related things when filing is done scientifically.
describe the conditions for liquidation
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