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(1) Apply the principles of the liquidation process by describing the preliminary steps in a liquidation. (2) Elaborate on the criteria for appointment as liquidator

(1) Apply the principles of the liquidation process by describing the preliminary steps in a liquidation.

(2) Elaborate on the criteria for appointment as liquidator and explain in detail the appointment of liquidator by the court.

(3) Discuss the importance of Insolvency Law across the globe.

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