Different means of responding to corporate insolvency

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Reference no: EM132942375

There are a variety of ways to respond to a situation in which a company is unable to pay its debts other than liquidating the company.

Required

Referring to relevant sections of the Companies Act 1993 (and other legislation you consider relevant), describe the different means of responding to corporate insolvency (other than liquidation), and provide details about when those processes might be appropriate.

Reference no: EM132942375

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