Pre-Insolvency Act (Cap. 631)

Inhalt

1. Art. 1 Short title and scope.
2. PART I
3. Art. 2 Interpretation.   Cap. 459.    S.L. 595.27.    Cap. 16.   Cap. 386.               Cap. 452.    Cap. 632.  Cap. 386.  Cap. 168.  Cap. 386.  Cap. 168.
4. PART II
5. Art. 3 Power of the Minister to make regulations.
6. Art. 4 Availability of information about early warning tools.
7. Art. 5 Duties of officials of the debtor to monitor early warning signs of insolvency.
8. Art. 6 Duties of the officials when debtor is exposed to likelihood of insolvency.      Cap. 13.
9. Art. 7 Equity holders.
10. PART III
11. Art. 8 Eligibility for preventive restructuring.        Cap. 12.
12. Art. 9 Types of preventive restructuring procedures.
13. Art. 10 Contents of application.
14. Art. 11 Hearing of application and issue of preventive restructuring order.
15. Art. 12 Notification of the preventive restructuring order.
16. Art. 13 Appointment of alternative insolvency practitioner.
17. Art. 14 Effect of the preventive restructuring order.
18. PART IV
19. Art. 15 Normal activities of the debtor and creditor participation.
20. Art. 16 Claims that may form part of a restructuring plan.    Cap. 452.
21. Art. 17 Selection of affected parties.
22. Art. 18 Treatment of affected parties in classes.    Cap. 452.
23. Art. 19 Equal treatment of affected parties.
24. Art. 20 Protection of new and interim financing.    Cap. 386.             Cap. 16.
25. Art. 21 Protection of restructuring related transactions.     Cap. 386.    Cap. 16.  Cap. 632.
26. Art. 22 Holding of meetings.
27. Art. 23 Appointment of a mediator.       Cap. 474.    Cap. 474.
28. Art. 24 Connection of proceedings.
29. TITLE I: STANDARD PREVENTIVE RESTRUCTURING
30. Art. 25 Stay of individual enforcement actions.   Cap. 12. Exclusions from stay of individual enforcement actions.      Cap. 234.      Cap. 503.   Cap. 12.   Cap. 12.  Cap. 484.
31. Art. 26 Ranking of claims and formation of classes.
32. Art. 27 Review of ranking of claims and formation of classes by creditors.
33. Art. 28 Objection to ranking of claims and formation of classes.
34. Art. 29 Power to re- convene creditors meeting.
35. Art. 30 Termination or re- negotiation of contracts.      Cap. 452.
36. Art. 31 Acquisition of interim financing.
37. Art. 32 Formulation of the restructuring plan.
38. Art. 33 Duration of standard preventive restructuring.
39. Art. 34 Pre-emptive termination of standard preventive restructuring.
40. TITLE II: PRE-FORMULATED PREVENTIVE RESTRUCTURING
41. Art. 35 Common applicability of provisions.
42. Art. 36 Approval of terms of pre-formulated restructuring plan.
43. Art. 37 Duration of pre- formulated preventive restructuring.
44. Art. 38 Conversion of pre- formulated preventive restructuring procedure into standard preventive restructuring procedure.
45. PART VI
46. Art. 39 Affected parties to voteonadoptionof restructuring plan.
47. Art. 40 Procedure of meeting.
48. Art. 41 Adoption of restructuring plan.
49. Art. 42 Cross-class cram- down.
50. Art. 43 Confirmation of restructuring plan by the Court.
51. Art. 44 Renegotiation of rejected restructuring plan.
52. PART VII
53. Art. 45 Appeals against decision of the Court.    Cap.12.
54. Art. 46 Appointment of curator to give his consent on behalf of a creditor.
55. PART VIII
56. Art. 47 Fraud.
57. Art. 48 Filing of documents to the Registrar for registration.
58. Art. 49 Relationship with other laws. S.L. 459.01. Cap. 459. Cap. 234. Cap. 503.
59. Art. 50 Powers to make regulations.     Cap. 13.
60. Art. 51 Conflict between texts and languages.  Cap. 632.