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Who gets paid first when a company goes into liquidation?  | Rosemond Phil-Othihiwa

Who gets paid first when a company goes into liquidation? | Rosemond Phil-Othihiwa

by Legalnaija | Aug 1, 2017 | Uncategorized

The order in which assets of the company are to be applied is laid down in both the Companies and Allied Matters Act and the Companies Winding Up Rules. Certain debts must be paid in priority to all other debts and they will rank equally among themselves and be paid...
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