Going Private Transaction - Law Dictionary Search Results
going private transaction
Matched in: Term going private transaction
Winding-up
for a year; or (4) On reduction of members to less in number than seven, or, in a private company, below two; or (5) On the company being unable to pay its debts; or (6) 'Whenever the … company, but only so far as the assets are insufficient to meet the claims of the general creditors. Transactions which would be avoided against an individual in his bankruptcy as a fraudulent preference (Bankruptcy Act, 1914, s.
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