Winding Up & Liquidation

Special winding up procedures are provided in the PCC Act which protect contagion of solvent cells by insolvent ones.

Dissolution of the PCC is addressed by special provisions in the PCC Act which provide for receivership and administration orders and no recourse to the creditor of the insolvent cell to the assets of the other solvent cells.

Winding Up & Liquidation was last modified: April 14th, 2015 by Manu Raj

Manu Raj

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