Scheme of arrangement: related pages

Large payments to shareholders that change the companies’ financial structure. They may be made in several different ways.

An number shown on the balance sheet; the total of the par values of all shares in issue.

A take-over bid backed by the directors of the target company.

Unable to pay debts, or having liabilities greater than assets.

The running of a company, or management of particular assets, is handed over to a receiver appointed by creditors in order to recover debts.