A 'sequestration order' is an order of the Court declaring:
A) An individual to be bankrupt.
B) A business to be under receivership.
C) The appointment of a liquidator to wind up a company.
D) The deregistration of a company.
Correct Answer:
Verified
Q11: The bankruptcy process is initiated by means
Q12: The idea that a bankruptcy is deemed
Q13: A person who is unable to pay
Q14: Which of the following categories of persons
Q14: A 'bankruptcy notice' is:
A)An order of the
Q15: What is the role of the trustee
Q17: Lodging a declaration of intention to present
Q20: Which of the following is not a
Q20: Bankruptcy proceedings are heard by:
A)The District Court.
B)The
Q33: When a bankrupt's assets are distributed amongst
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