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الآثار القانونية للصلح الواقي من الإفلاس
Other Title(s)
The legal effects of ratification of preventive composition of bankruptcy
Joint Authors
Source
Issue
Vol. 2019, Issue (s5) (31 Dec. 2019), pp.383-406, 24 p.
Publisher
University of Baghdad College of Law
Publication Date
2019-12-31
Country of Publication
Iraq
No. of Pages
24
Main Subjects
Financial and Accounting Sciences
Law
Topics
Abstract EN
The preventive composition of bankruptcy does not become binding on its parties despite the consent of the debtor and majority of creditors shall only ratify by the court, once the ratification becomes effective and produces its effects, the trader debtor must commit to the terms of the conciliation agreed upon by the conciliation society, a natural person or company, the validity of conciliation prevents the debtor from requesting another composition and also prevents those who commits with the debtor to fulfil the benefit of the conditions of the composition.
However, the partners in the company who are responsible for all of their money for its debts are subject to the effects of a protective settlement and will benefit from the conditions of the composition, for the debtor and those who are bond by the debtor to fulfil.
As for the creditors who are subject to the terms of the composition as a consequence of the ratification of the preventive composition they are all the ordinary creditors whom debts are aroused before the opening of the conciliation proceedings and their debts are accepted, either definitively or temporarily, even if they did not participate in the proceedings or did not agree upon them.
American Psychological Association (APA)
خالص نافع أمين وجواد كاظم نعمة. 2019. الآثار القانونية للصلح الواقي من الإفلاس. مجلة العلوم القانونية،مج. 2019، ع. (s5)، ص ص. 383-406.
https://search.emarefa.net/detail/BIM-910202
Modern Language Association (MLA)
خالص نافع أمين وجواد كاظم نعمة. الآثار القانونية للصلح الواقي من الإفلاس. مجلة العلوم القانونية العدد الخاص الخامس (2019)، ص ص. 383-406.
https://search.emarefa.net/detail/BIM-910202
American Medical Association (AMA)
خالص نافع أمين وجواد كاظم نعمة. الآثار القانونية للصلح الواقي من الإفلاس. مجلة العلوم القانونية. 2019. مج. 2019، ع. (s5)، ص ص. 383-406.
https://search.emarefa.net/detail/BIM-910202
Data Type
Journal Articles
Language
Arabic
Notes
يتضمن هوامش : ص. 399-404
Record ID
BIM-910202