company voluntary arrangement

noun

  • Business (Corporate) Law/Company Law
  • Debtor-Creditor
  • Bankruptcy Law

Definitions of company voluntary arrangement

  • statutory scheme allowing the company to agree and implement an arrangement with its creditors in the satisfaction of its debts and which does not require court sanction

    The directors proposed a company voluntary arrangement which was supported unanimously by the creditors.

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Abbreviations of company voluntary arrangement

Phrase Bank for company voluntary arrangement

Additional Notes for company voluntary arrangement