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Insolvency is the financial state where the individual or the company is not able to pay back the debts to the creditors on time and does not have the financial capability of discharging the liability. Thus, it can be said to be the situation of financial/economic distress.
Leading questions can be asked in
The body of crime is represented by which common Latin Phrase?
Partnership at will is a partnership
In case of a continuing tort-
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