insolvency process definition

insolvency process means a process or procedure comprising two or more Insolvency Events which occur either concurrently or consecutively;
insolvency process. ’ means liquidation, examination, receivership, reorganisation, a moratorium, bankruptcy or any similar process related to the inability of persons to pay their debts, and, in relation to a designated or formerly designated credit institution, includes
insolvency process. ’ means liquidation, examination, receivership, reorganisation, a moratorium, bankruptcy or any similar process related to the inability of persons to pay their debts, and, in relation to a designated or formerly designated credit institution, includes any process relating to the insolvency or potential insolvency of the institution;

Examples of insolvency process in a sentence

  • Finance Review ☐ Educational Review ☐ Estates Review ☐ Commercial Review ☐ Operational Review ☐ Organisational Review ☐ Financial Information ☐ Prepare Statutory Documentation ☐ Advice & Guidance ☐ Prepare other Documentation ☐ Pre Insolvency Contingency Planning ☐ Other Supplementary Activity ☐ Other Details: (Please specify) Education Administration ☐ Insolvency Process ☐ ☐ Please provide a breakdown of Contractor resource, time, cost, and total cost and including any discounts applied.