In English law. An instrument entered into between an insolvent debtor and his creditors, appointing one or more persons to inspect and oversee the winding up of such insolvent’s affairs on behalf of the creditors.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
In English law. An instrument entered into between an insolvent debtor and his creditors, appointing one or more persons to inspect and oversee the winding up of such insolvent’s affairs on behalf of the creditors.
Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary.