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Solvency and liquidity: the test for companies

by Ben Pieters | Apr 11, 2020 | Companies Act, In:Sight, Solvency And Liquidity test

The Companies Act 2008 reflects a shift away from the principle of maintaining the capital structure, to maintaining the solvency and liquidity of the enterprise, when compared to the previous 1973 Act. Previously, companies were: not allowed to provide financial...

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