Official Liquidators - Law Dictionary Search Results
sale
of a mortgage to satisfy the debt judicial sale : a sale of property conducted by an authorized official by order of a court : forced sale in this entry private sale : an often unadvertised sale … 6-102(c), in order for a sale to be considered a bulk sale, the buyer (or an auctioneer or liquidator if the sale is an auction) must have been given notice or been able upon reasonable inquiry to
Arrangements between debtors and creditors
for a scheme of arrangement of his affairs,' he must lodge a proposal embodying the terms with the official receiver, who is required to hold a meeting of creditors before the public examination is held, and send … The 125th and 126th sections of the (English) Bankruptcy Act, 1869, which repealed an Act of 1861, allowed liquidation by arrangement and composition with creditors by resolutions passed at similar representative meetings to take the place of
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