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Doctrine of Capital Maintenance
Added on -2019-09-23
This article provides an overview of the Doctrine of Capital Maintenance, which places restrictions on a company's ability to return funds to shareholders. It covers the history of the doctrine, its benefits for creditors and asset dissipation, and the exceptions to the doctrine. The article also examines relevant legislation in the Anglo-Australian context.
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1DOCTRINE OF CAPITAL MAINTENANCESTUDENT’S NAMESTUDENT’S ID
2Table of ContentsIntroduction:....................................................................................................................................3History of Capital Doctrine:............................................................................................................3Benefits of the Doctrine:..................................................................................................................3Exceptions of the Doctrine:.............................................................................................................3Conclusion:......................................................................................................................................4Reference list:..................................................................................................................................5
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