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imported>Doug Williamson m (Wiki/Gloss Law/Fin Reg check - added 1 line space before see also and added Insolvency to see also) |
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A procedure in relation to a company in financial difficulties with a view to securing its survival as a going concern or, failing that, to achieving a more favourable realistion of its assets than would be possible on a liquidation or through a voluntary arrangement. | A procedure in relation to a company in financial difficulties with a view to securing its survival as a going concern or, failing that, to achieving a more favourable realistion of its assets than would be possible on a liquidation or through a voluntary arrangement. | ||
== See also == | == See also == | ||
* [[Liquidation]] | * [[Liquidation]] | ||
* [[Receivership]] | * [[Receivership]] | ||
* [[Insolvency]] | |||
[[Category:Regulation_and_Law]] | [[Category:Regulation_and_Law]] | ||
Revision as of 10:12, 22 January 2014
UK Insolvency law.
A procedure in relation to a company in financial difficulties with a view to securing its survival as a going concern or, failing that, to achieving a more favourable realistion of its assets than would be possible on a liquidation or through a voluntary arrangement.
