Examlex
What is an FRU?
Execute a Document
The act of signing a document or contract officially, thereby making it legally binding.
Members' Voluntary Winding Up
A process initiated by the shareholders of a solvent company to voluntarily dissolve and liquidate its assets under the supervision of a liquidator.
Voluntary Administration
A process for insolvent companies to resolve debt issues with creditors through an independent administrator.
Circulating Security Interest
A floating charge over all of a company.
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