Examlex
The flat bones of the skull develop from
Voluntary Winding Up
A process initiated by a company's shareholders to dissolve the company in an orderly manner, liquidating assets to pay creditors and distributing any remaining assets.
Company's Members
Individuals or entities that have an ownership interest in a corporation, commonly referred to as shareholders or stockholders.
ASIC
The Australian Securities and Investments Commission; an independent Australian government body that acts as the corporate regulator.
Liquidation Surplus
The amount of money remaining after all liabilities and obligations of a liquidating entity have been settled, which is then distributed to shareholders.
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