Examples of 'insolvency procedure' in a sentence
Meaning of "insolvency procedure"
insolvency procedure: Refers to the formal legal process or proceedings undertaken when an individual, company, or organization is unable to pay its debts and faces financial distress or bankruptcy
How to use "insolvency procedure" in a sentence
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insolvency procedure
In case an insolvency procedure is initiated for the undertaking.
This procedure is a form of court supervised collective insolvency procedure.
Monitoring of insolvency procedure.
Creditor representation in bankruptcy estates and other insolvency procedure.
Subject to an insolvency procedure.
An insolvency procedure needs to be set up to deal with sovereign debt disputes.
Full electronic insolvency procedure.
The insolvency procedure must have concluded the borrower is not guilty or at fault.
This procedure is a form of collective insolvency procedure under the supervision of a court.
This new law strengthens the reorganisation scheme of the insolvency procedure.
His personal insolvency procedure will run for four more years.
Only by the engagement of new companions the insolvency procedure could be prevented.
The only formal insolvency procedure under the Companies Ordinance Act is liquidation.
The proposed framework is expected to replace the normal insolvency procedure in certain cases.
Insolvency procedure ended by the insolvency court -.
See also
Often business transfers take place when a company has plunged into an insolvency procedure.
The insolvency procedure in accordance with a debt reimbursement plan ;.
About the property of the member the opening of the insolvency procedure has been applied.
Once an insolvency procedure has been opened, the sale is executed.
Priority rules should also be designed to facilitate the effective functioning of the insolvency procedure.
The judicial insolvency procedure through the liquidation of the assets ;.
Regulation of the financial markets could institutionalise the establishment of an EU insolvency procedure.
The indian central Bank had opened an insolvency procedure aimed at Essar Steel in August 2017.
Updating the Manual of good practices for the application of the insolvency procedure.
The Commission notes that the insolvency procedure was initiated for Greußener Salamifabrik on 1 October 1999.
KL megla Germany GmbH is NOT involved in an insolvency procedure.
The Macedonian government has decided to open an insolvency procedure for Nova Makedonija.
Liquidation is the final, most frequent, and most basic insolvency procedure.
The new owner failed to stabilize the refinery, and in 1998 an insolvency procedure started.
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Informed consent procedure for certain hazardous
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Reverse the procedure to close the lens
