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168 Pages • Complete Study Notes • Year Uploaded: 2022
Chapters Included :- 1. Introduction : Definition of insolvency; objective of the law; 2. Bankruptcy Order : Definition; a requirement under the act; formalities; defect of irregularities. 3 Bankruptcy Petition ; types of bankruptcy petition; requirement; procedure 4. Bankruptcy Order: effect of bankruptcy order; cause of ation vested with DGI; meaning of action in section 38(1)(a) 5. Proceedings Consequent to a Bankruptcy Order 6. Discharge of Bankrupt: Discharge by court order;discharge by certificate of DGI 7. Companies Winding Up: Definition of Winding up; types of winding up 8. Power of Court in Winding Up Proceedings: Power of Court on hearing the petition 9. Corporate Rescue Mechanism: Scheme of Arrangement, Judicial Management and Corporate Voluntary Arrangement 10. Receivers and Liquidators : Comparison, appointment, duties and responsibilities 11. Winding Up on Other Grounds : Winding-up on just and equitable principle, unjust and unfair, oppression Topic 1 to 6 is on the insolvency law on the individual. Topic 7-11 is on the winding up of the company.
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