Learn
A formal process where the director keeps control while a plan is put to creditors.
Starting again isn't illegal. Moving assets to avoid creditors is.
Why voluntary deregistration usually isn't the answer when debts remain.
The difference between choosing liquidation and having it imposed.
When directors can become personally liable for debts incurred while insolvent.
Why a liquidator may ask a creditor to give money back.
The types of transactions a liquidator can ask a court to set aside.
The most common way an insolvent company is wound up by its directors' decision.
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