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From the capital maintenance rule to the solvency test: some thoughts on the new approach to creditor protection in Malawian company law
In July, 2013 Malawi enacted a new Companies Act [Act No. 15 of 2013] replacing the old Companies Act 19 of 1984. The Companies Act, 1984 was basically an adoption of the English Companies Act, 1948 and in line with the English law, it regulated distributions through the classical capital maintenanc...
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| Language: | English |
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Department of Commercial Law
2017
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