Talk:Paragraph numbering: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "<ol class="L1"> '''Bankruptcy'''. A party: {{l1}}'''Dissolved''': is dissolved (other than by merger);<li> '''Insolvent''': becomes insolvent, unable to pay its debts, or admits it in writing;<li>'''Composition''': makes a composition with its creditors;<li> '''Proceedings''': suffers insolvency proceedings instituted by: {{L2}} a regulator; or<li> anyone other than a regulator, and {{L3}} it results in a winding up order; or <li> those proceedings are not discharged wi..." |
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'''Bankruptcy'''. A party: | '''Bankruptcy'''. A party: | ||
{{l1}}'''Dissolved''': is dissolved (other than by merger);<li> | {{l1}}'''Dissolved''': is dissolved (other than by merger);<li> | ||
Revision as of 11:05, 9 January 2024
Bankruptcy. A party:
- Dissolved: is dissolved (other than by merger);
- Insolvent: becomes insolvent, unable to pay its debts, or admits it in writing;
- Composition: makes a composition with its creditors;
-
Proceedings: suffers insolvency proceedings instituted by:
- a regulator; or
-
anyone other than a regulator, and
- it results in a winding up order; or
- those proceedings are not discharged within 15 days;
- Winding Up: resolves to wind itself up (other than by merger);
- Administration: has an administrator, provisional liquidator, or similar appointed for it or for substantially all its assets;
- Security Exercised: has a secured party take possession of, or a legal process is enforced against, substantially all its assets for at 15 days without a court dismissing it;
- Similar events: suffers any event which, under the laws of any jurisdiction, has the same effect as any of the above events; or
-
Takes steps: takes any action towards any of the above events.