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Jessie Foster
on Nov 02, 2024

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A receiver should be:

A) a registered liquidator.
B) a secured party in relation to any property of the corporation
C) an auditor or a director, secretary, senior manager or employee of the corporation.
D) an auditor or a director, secretary, senior manager or employee of the body corporate related to the corporation.

Registered Liquidator

A qualified individual authorized to act in relation to the winding up of insolvent companies, managing the process of realizing assets, paying creditors, and distributing any remaining assets.

  • Comprehend the responsibilities and roles of essential figures in the finalization process, involving liquidators, administrators, and receivers.
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Sameer RamkissonNov 08, 2024
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