5
In forceDischarge of debts
Schedule 8ADeed of company arrangement—prescribed provisions
5 Discharge of debts
The creditors must accept their entitlements under this deed in full satisfaction and complete discharge of all debts or claims which they have or claim to have against the company as at the day when the administration began and each of them will, if called upon to do so, execute and deliver to the company such forms of release of any such claim as the administrator requires.
This Act’s bill:Explanatory statement
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