Insolvent debtor definition
Insolvent debtor means any insolvent person, decedent’s estate, partnership, corporation or business association involved in a liquidation proceeding as defined in this section.
Insolvent debtor means any insolvent person, decedent's estate, partnership, limited liability company, corporation, or business association involved in a liquidation proceeding as defined in this chapter.
Insolvent debtor means any person declared to be insolvent in terms of the insolvency Act 43 of 1936 (as amended);
Examples of Insolvent debtor in a sentence
Pleas & Orphans Court today March 14 Presented petition of the ▇▇▇▇▇▇ Insolvent debtor ▇▇▇▇▇ ▇▇▇▇▇▇ called on me this morning.
More Definitions of Insolvent debtor
Insolvent debtor means any economic operator that was not able to settle its debt (debts), or is expected to fail its liabilities on the date when they are due;
Insolvent debtor means any Debtor which is the subject of Insolvency Proceedings. Intermediary Transaction Date means each date immediately following a Principal Transaction Date indicated in column “Transaction Date” of the current timetable of Schedule 5 and as this timetable shall be up-dated bv the Originators pursuant to Clause 16 (xv).