Practice question
Pending a liquidator's election or appointment, where does Section113(b) vest the relevant legal title and control of debtor assets?
- In the largest shareholder personally
- With the court
- With every competitor
- With the debtor's advertising agent
- With a random customer
Legal references
- RA 10142, Section 113(b): https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html
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