Glossary entry (derived from question below)
Italian term or phrase:
ammettere X ad una procedura concorsuale
English translation:
to admit / place X into insolvency proceedings / adjuge X insolvent / make a winding-up/insolvency/ order against X
Italian term
ammettere ad una procedura concorsuale
Proposed translations
admission to insolvency proceding
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Note added at 23 mins (2006-06-20 19:21:40 GMT)
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con 2 e scusa
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Note added at 1 hr (2006-06-20 20:15:48 GMT)
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o admitted into
placed into insolvency/liquidation
adjudge x insolvent; make a winding-up/insolvency/ order against x
NB that, in the UK, on 'adjudication of bankruptcy', private individs. are made or adjudged bankrupt.
But partnerships are dissolved and companies are wound up *on grounds of insolvency* or because it is 'just & equitable'.
If a company that has not been adjudged insolvent elects to dissolve, the commissioner may release securities under joint control upon a showing by the ...
1) As soon as may be after making a winding-up order, the court shall settle a list of contributories, with power to rectify the register of members in all ...
http://www.state.co.us/gov_dir/leg_dir/olls/sl2004a/sl_281.htm
http://www.insolvencyhelpline.co.uk/insolvency-act/p04c6_4.htm
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