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Speciation has occurred when
Secured Creditor
Someone who has a ‘charge’ over some or all of the company’s assets, to secure a debt owed by the company.
Corporation Act
A legal framework that governs the creation, operation, and dissolution of corporations, detailing the regulatory environment for corporations and their stakeholders.
Administrator's Role
A position involving the management and organization of a company or institution's affairs, often referring to duties in a legal or academic context.
Registered Liquidator
A qualified individual authorized to act in relation to the winding up of insolvent companies, managing the process of realizing assets, paying creditors, and distributing any remaining assets.
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