Customer Service Chat
Get quote & make Payment
Effect of receiving order, Financial Accounting
Effect of receiving order
The consequences of the making of the receiving order are:
The debtor retains ownership, but loses possession and control of his property;
The official receiver becomes receiver of the debtor's property;
No legal proceedings may be brought in respect of provable debts except by leave of the court;
Transactions subsequently entered into by the debtor are prima facie invalid;
The receiving order must be advertised in the gazette;
Posted Date: 12/12/2012 6:15:58 AM | Location : United States
Ask an Expert
Effect of receiving order, Assignment Help, Ask Question on Effect of receiving order, Get Answer, Expert's Help, Effect of receiving order Discussions
Write discussion on Effect of receiving order
Your posts are moderated
Write your message here..
Explain the term- not-for-profit organisations, Explain the term- Not-for-p...
Explain the term- Not-for-profit organisations There are many organisations that don't exist mainly for the pursuit of profit. Instance include: ?charities ?clubs and ass
Home work, 1. The acceptance of a capital budgeting project is usually eval...
1. The acceptance of a capital budgeting project is usually evaluated on its own merits. That is, capital budgeting decisions are treated separately from capital structure decision
Reason for incorporating statements into annual reports, what is the reason...
what is the reason of incorporating 1. corporate governance statement 2. audit committee statement 3. internal audit statement into annual reports?
Create a trial balance and income statement, Create a Trial Balance and Inc...
Create a Trial Balance and Income Statement Cash $18,470 A/R 14,333 A
Consolidated financial sttements, Cherry Ltd has the following segment info...
Cherry Ltd has the following segment information from the consolidated financial statements for the years ended 31 December 2011 and 2012: Operating segments C V I N$ N$ N$ Sales
Computations, This is a comprehensive assessment of the material related to...
This is a comprehensive assessment of the material related to our first two class meetings. You are NOT being tested on material related to capital budgeting (NPV, IRR, etc.). Tha
ACCOUNTING TECHNIQUES, WHAT IS THE MODERN ACCOUNTING TECHNIQUES.
WHAT IS THE MODERN ACCOUNTING TECHNIQUES.
Horizontal analysis - total current liabilities, 1. Complete a horizontal a...
1. Complete a horizontal analysis using the dollar and percent change in the following items from the preceding year to the current year: (one typed page: use a table format with f
The petition-bankruptcy, THE PETITION Petition by debtor : If the de...
THE PETITION Petition by debtor : If the debtor presents his own petition, a receiving order is made at once without a court hearing and an adjudication order may also be ma
Situational Decsisions, Your Company makes 42,000 units per year of a part ...
Your Company makes 42,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct material $15.00 Direc
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Terms & Conditions
Copyright by ExpertsMind IT Educational Pvt. Ltd.