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MAREVA INJUNCTION

Court order preventing the disposal of assets.

MEMBER

Shareholder of a company.

MEMBERS' VOLUNTARY LIQUIDATION (MVL)

A solvent liquidation where the shareholders appoint the liquidator to realise assets and settle all the company's debts in full within 12 months.

MISFEASANCE

Breach of duty in relation to the funds or property of a company by its directors or managers.

MORTGAGE

A transfer of an interest in land or other property by way of security, redeemable upon performing the condition of paying a given sum of money.

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