| 单词 | company insolvency proceedings |
| 释义 | company insolvency proceedings company insolvency proceedings there are four types of INSOLVENCY proceedings that govern the affairs of insolvent companies: voluntary arrangements under Part I of the Insolvency Act 1986; administration orders under Part II; receivership under Part III; and winding up under Parts IV-VI. Under the Insolvency Act 1986 no company registered under the Companies Acts may be liable to BANKRUPTCY proceedings. |
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