Examples of Insolvency Regulations in a sentence
There remains the issue whether in respect of the foreign insolvency proceedings relating to a creditor located in a foreign jurisdiction, an English court will exercise its discretion to recognise the effects of the foreign insolvency proceedings, whether under the Cross Border Insolvency Regulations 2006 or any similar common law principles.
The Insolvency Regulations contain provisions which protect action taken under Default Rules from the normal operation of insolvency law which might otherwise leave this action open to challenge by a Relevant Office Holder.
These Regulations may be referred to as the Insolvency Regulations 2005.
Such monies should be paid into the Insolvency Services Account as undistributed assets in accordance with regulations 18 and 31 of the Insolvency Regulations 1994.
The requirements in this COB 11.8.14 are the Client Money Distribution Rules and to the extent that these Rules are inconsistent with the AIFC Insolvency Regulations, these Rules will prevail.
The Issuer does not have an establishment or a place of business (in accordance with Articles 2(e) and 4(2) of the Cross Border Insolvency Regulations 2006, as amended) situated anywhere other than its jurisdiction of incorporation.
F2 Inserted (8.10.2005) by European Communities (Protection of Employees (Employers’ Insolvency) Regulations 2005 (S.I. No. 630 of 2005), reg.
Note: Section 66(2) of the AIFC Insolvency Regulations provides that those Rules may make provision for or in relation to designating certain types of claim on a Company as preferential debts and to prescribing any priorities for their payment and as to the ranking of other claims.
The Borrower shall ensure that it does not have a Center of Main Interests (as defined in EU Insolvency Regulations) in the European Union.
That the draft Payment and Electronic Money Institution Insolvency Regulations 2021,which were laid before this House on 26 April, in the last Session of Parliament, be approved.Notes:The Speaker has not yet considered this instrument for certification (Standing Order No. 83P).