Corporate Reorganisation Act definition

Corporate Reorganisation Act means the Corporate Reorganisation Act of Japan (Act No. 154 of 2002, as amended);
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Corporate Reorganisation Act means the Corporate Reorganisation Act of Japan (Act No. 154 of 2002, as amended) or any successor legislation thereto.
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Examples of Corporate Reorganisation Act in a sentence

  • In these Conditions, “Relevant Proceedings” means proceedings of or equivalent to bankruptcy, reorganisation, rehabilitation or special liquidation procedures or adjustment under the Bankruptcy Act, the Corporate Reorganisation Act, the Civil Rehabilitation Act or the Companies Act in respect of any corporations incorporated in Japan, or any other similar applicable law of Japan or any other jurisdiction.

  • For the sake of clarity, due to its legal status, the Issuer cannot be declared bankrupt pursuant to the Finnish Bankruptcy Act (Fi: konkurssilaki, 110/2004, as amended) or enter into corporate reorganisation pursuant to the Finnish Corporate Reorganisation Act (Fi: laki yrityksen saneerauksesta, 47/1993, as amended).

  • In this context, no conflict issues under the code of professional conduct of attorneys or accounting and auditing firms are considered to exist.In addition, an examiner (tyousa-iin) which may be appointed by the court if necessary to investigate the debtor company under the Civil Rehabilitation Act and the Corporate Reorganisation Act, must be selected from amongst parties that have no interest in the case and are suitable for performing the duties of an examiner.

  • Under the Bankruptcy Act and the Corporate Reorganisation Act, once bankruptcy proceedings or corporate reorganisation proceedings have been commenced by a court, the court will appoint a trustee (hasan-kanzai-nin or kousei-kanzai-nin) at the same time.

  • These include civil rehabilitation proceedings (governed by the Civil Rehabilitation Act, Law No. 225 of 1999) and corporate reorganisation proceedings (governed by the Corporate Reorganisation Act, Law No. 154 of 2002).

  • Such statutory sub- ordinated claims were introduced in 2005 by amendments to the following: • the Bankruptcy Act (Act No 75 of 2004);• the Corporate Re-organisation Act (Act No 154 of 2002); and• the Civil Rehabilitation Act (Act No 225 of 1999).

  • Recovery funding was also made available in the form of a Challenge Fund to the network of 16 local marketing groups supported by the Board to support local initiatives.

  • In addition, the members are allowed to file a petition for corporate reorganisation proceedingsonly when they have a business office in Japan (Article 4, Corporate Reorganisation Act).

  • In contrast, in corporate reorganisation proceedings, the debtor’s business is managed by a court- appointed trustee (kousei-kanzai-nin) (Article 72, paragraph 1, Corporate Reorganisation Act).

  • In April 2003, a fundamental amendment to the Corporate Reorganisation Act was implemented.

Related to Corporate Reorganisation Act

  • Reorganisation means proceedings that effect the interposition of a corporation or other limited liability company ("Newco") between the Shareholders immediately prior to such proceedings (the "Existing Shareholders") and UBS Group AG, provided that (i) only ordinary shares or units or equivalent of Newco or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco are issued to Existing Shareholders, (ii) immediately after completion of such proceedings the only holders of ordinary shares, units or equivalent of Newco or the only holders of depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco, as the case may be, are Existing Shareholders holding in the same proportions as immediately prior to completion of such proceedings, (iii) immediately after completion of such proceedings, Newco is (or one or more wholly-owned subsidiaries of Newco are) the only shareholder of UBS Group AG, (iv) all subsidiaries of UBS Group AG immediately prior to such proceedings (other than Newco, if Newco is then a subsidiary of UBS Group AG) are subsidiaries of UBS Group AG (or of Newco) immediately after completion of such proceedings, and (v) immediately after completion of such proceedings, UBS Group AG (or Newco) holds, directly or indirectly, the same percentage of the ordinary share capital and equity share capital of those subsidiaries as was held by UBS Group AG immediately prior to such proceedings.

  • Permitted Reorganisation means a solvent reconstruction, amalgamation, reorganisation, merger or consolidation whereby all or substantially all the business, undertaking or assets of the Issuer are transferred to a successor entity which assumes all the obligations of the Issuer under the Capital Securities.

  • OBCA means the Business Corporations Act (Ontario);

  • CCAA means the Companies’ Creditors Arrangement Act (Canada).

  • CBCA means the Canada Business Corporations Act;

  • BCBCA means the Business Corporations Act (British Columbia);

  • Companies Act means the Companies Act, 2008 (Act No. 71 of 2008);

  • ABCA means the Business Corporations Act (Alberta), R.S.A. 2000, c. B-9, as amended, including the regulations promulgated thereunder;

  • Organisation means a legal body which exists separately and distinctly from its members and includes companies, building societies, community benefit societies, local authorities and so on and also for the purposes of these Rules includes unincorporated organisations such as social clubs, branches of political parties or trade unions and other voluntary bodies.

  • Companies Law means the Companies Law (2018 Revision) of the Cayman Islands, as amended from time to time.

  • Corporations Act means the Corporations Act 2001 (Cth).

  • Electronic Transactions Act means the Electronic Transactions Act (As Revised) of the Cayman Islands.

  • Cayman Companies Act means the Companies Act (As Revised) of the Cayman Islands.