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Roger is tense and anxious almost every day. Though he is frequently worried and often has the sense that something bad is about to happen, he can't relate his anxiety to any particular situation or setting. He has difficulty getting restful sleep at night and often takes antacids for his upset stomach. Roger would most likely be diagnosed as having
External Administration
External administration pertains to a process where an external person or entity is appointed to investigate, manage, and potentially restructure a financially distressed company's affairs to recover debts.
Corporation Act
Legislation governing the legal formation, operation, and regulation of companies.
Members' Voluntary Winding Up
A process in corporate law where the shareholders of a solvent company decide to put the company into liquidation and distribute its assets.
Declaration of Solvency
A statement made by the directors of a company declaring that they have assessed the company's financial situation and believe it can meet its financial obligations for the foreseeable future.
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