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Criteria for Investigating Pending Insolvency

By adminJuly 15, 2019Leave a Comment on Criteria for Investigating Pending Insolvency

Insolvency threatens if the debtor is unlikely to be able to meet the existing payment obligations when they fall due. The forecast to be made in the assessment of impending insolvency requires that the entire financial position of the debtor be included until the maturity of all existing liabilities. If the forecast that the occurrence …

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