Insolvency proceedings
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This section assumes that the employer, contractor and subcontractor are limited liability companies. If they are individuals, partnerships or foreign registered companies different considerations may apply. Test of insolvency A company is generally considered to be insolvent if: it is unable to pay its debts as they fall due (the ‘cash flow’ test) or the...Explore the subscription options here to get full access to isurv, including downloads.
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