Question: Key points include: 1. Related Persons: The transaction involves a related person, such as a relative of a director. 2. Specified Period: The transaction occurred
Key points include: 1. Related Persons: The transaction involves a related person, such as a relative of a director. 2. Specified Period: The transaction occurred within three years before the liquidation. 3. No Insolvency Requirement: The company does not need to have been insolvent at the time of the transaction. because these three points under 298 have been met we can say liquidator can recover write a conslusion for the scenario
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