Examlex
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Liquidations
The process of winding up a company's financial affairs by selling off assets to pay creditors and distribute any remaining assets to shareholders.
Calls in Advance
Funds received by a company from its shareholders before they are actually called for, typically for the issue of shares.
Voluntary Winding Up
The process initiated by a company's shareholders to voluntarily dissolve the company and liquidate its assets for distribution.
Special Resolution
A shareholder resolution that requires at least a 75% majority vote to pass, often related to significant corporate actions.
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