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Dissolution
If the winding up continues for more than a year, the liquidator must file progress reports with the registrar at such intervals as the court may prescribe s.333. When the winding up is complete the liquidator may either:(a) Apply to the court for an order dissolving the company, and file a copy of the order with the registrar within 14 days s.269: the dissolution operates from the date of the order, but the court may declare it void at any time within two years s.352; or
(b) Apply to the registrar to strike the company's name off the register as being defunct 5338: the registrar will then strike off the company's name two years after the release of the liquidator by three months' notice to the O.R. and in the Gazette.
The December 31, 2005, balance sheet of Far Imports includes the following items: The bonds were issued on December 31, 2004, at 97, with Interest payable on June 30 and December 3
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1. What will be the value of every of these bonds when the going rate of interest is 4%? Suppose that there is only one more interest payment to be made on Bond S. Round your answe
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