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The Corporate Insolvency Bill, 2017
Parliamentary Period:
Second Session of the Twelfth Assembly
The objects of this Bill are to provide for—
(a) corporate receiverships, appointment of receivers and the duties and responsibilities of receivers;
(b) business rescue, appointment, duties and responsibilities of business rescue administrators, rights of affected persons during business rescue proceedings and business rescue plans;
(c) schemes of arrangements or compromise with creditors;
(d) winding up of companies, appointment of liquidators and the duties and responsibilities of liquidators, committees of inspection, special managers and the Official Receiver;
(e) insolvency practitioners and the duties and responsibilities of insolvency practitioners;
(f) cross-border insolvency; and
(g) matters connected with, or incidental to, the foregoing.
Bill Stage:
Presentation
First Reading
Second Reading
Committee Stage
Report Stage
Third Reading
Assent