What is the process of closing a company and selling assets?, Liquidation, Acquisition, Merger, Finance, Who handles the affairs of an insolvent company?, Accountant, Secretary, Insolvency practitioner, Supplier, What is a formal proposal put to a vote?, Minutes, Motion, Charge, Quorum, Which meeting is called for urgent matters outside the AGM?, EGM, Board meeting, Poll, Liquidation, What document records what happened at a meeting?, Notice, Resolution, Minutes, Petition, If a motion is successful, it is said to be:, Adjourned, Served, Realised, Carried, Who is the person appointed by a secured creditor to take control?, Auditor, Receiver, Proxy, Debtor, What is a contract between owners about running the company?, Shareholders’ agreement, Service agreement, Mortgage, Charge.
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Exercise 7
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