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Liquidation Cases
Legal processes where a company's assets are distributed to claimants, typically occurring when a company becomes insolvent.
Bankruptcy Proceeding
The legal process by which a person or entity unable to repay debts to creditors seeks to have the debts relieved by the court.
2005 Act
Without more context, this refers generally to a law enacted in the year 2005; the specificity of the act depends on the country or jurisdiction referenced.
Means Test
An assessment of an individual's finances to determine eligibility for government assistance or legal services based on financial need.
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