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What can the courts do (if anything) where a business has used a subsidiary company as a shell to incur liability to third parties in

  1. What can the courts do (if anything) where a business has used a subsidiary company as a shell to incur liability to third parties in negligence?
  2. Compare the purposes of winding up (liquidation),receivership and voluntary administration.
  3. What is a statutory demand and how can it be challenged by a debtor company?

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