More cards in this set

Card 16

Front

How is a liquidator appointed for creditors voluntary liquidation ?

Back

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Card 17

Front

Who calls the creditor meeting for creditors voluntary liquidation ?

Back

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Card 18

Front

Who can overrule whos choice of liquidator for creditors voluntary liquidation ?

Back

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Card 19

Front

How many creditors are involved in the liquidation committee for the creditors voluntary liquidation ?

Back

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Card 20

Front

Who approves the liquidators actions for creditor voluntary liquidation ?

Back

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Card 21

Front

In completion of the creditors voluntary liquidation what happens

Back

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Card 22

Front

What are the 5 reasons for compulsory liquidation (controlled by court) ?

Back

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Card 23

Front

Who can make a written demand for the debt to be settled ?

Back

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Card 24

Front

How many days do the company have before the creditor can apply to the court to have the business wound up ?

Back

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Card 25

Front

What other reason would the creditors apply to the courts to have the company wound up ?

Back

Preview of the front of card 25