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Exam (elaborations)
LML4806 - Company Law Question and Answers A+ Graded
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---6March 20232022/2023A+
- What info must be contained in a compromise proposal? - - - any proposals made "informally" by a company creditor 
- details of all assets and creditors 
- treatment of ongoing contracts 
- order of preference, proceeds apply 
- conditions precedent 
- number of employees 
- t&c of employment 
- projected balance sheet 
- income and expenses for 3 years 
- certificate by authorized director stating info is factual, accurate, up to date 
 
 -When will compromise be adopted and binding - - - S15...
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$9.59 More Info
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