MAE 0.00% 0.0¢ marion energy limited

uneconomical, page-65

  1. 203 Posts.
    whats the diff between 'technically insolvent' or 'insolvent'

    I'm sure that ASIC is more interested in this definition:

    CORPORATIONS ACT 2001 - SECT 95A
    Solvency and insolvency

    (1) A person is solvent if, and only if, the person is able to pay all the person's debts, as and when they become due and payable.

    (2) A person who is not solvent is insolvent.

 
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