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Current law covers three legal proceedings. The first one is bankruptcy itself ("Falência"). Bankruptcy is a court-ordered liquidation procedure for an insolvent business. The final goal of bankruptcy is to liquidate company assets and pay its creditors. The second one is Court-ordered Restructuring (Recuperação Judicial). The goal is to ...
More rarely, personal bankruptcy proceedings are carried out under Chapter 11. The ultimate goal of personal bankruptcy, from the viewpoint of the debtor, is receiving a discharge. [2] In 2008, more than 96% of all bankruptcy filings were non-commercial and about two-thirds of these were chapter 7 cases. [3]
The National Language Promotion Department (Urdu: اِدارۀ فروغِ قومی زُبان Idāra-ē Farōġ-ē Qaumī Zabān [ɪ.ˈd̪aː.rə.eː fə.ˈroːɣ.eː ˈqɔː.mi zə.ˈbaːn]), formerly known as the National Language Authority (or Urdu Language Authority), [1] is an autonomous regulatory institution established in 1979 to support the advancement and promotion of Urdu, which is ...
Pages for logged out editors learn more. Contributions; Talk; Bankruptcy proceedings
It is the most comprehensive, detailed and thick dictionary in the history of Urdu language. [ citation needed ] It is published by the Urdu Lughat Board, Karachi. The dictionary was edited by the honorary director general of the board Maulvi Abdul Haq who had already been working on an Urdu dictionary since the establishment of the Urdu ...
In United States bankruptcy law, an automatic stay is an automatic injunction that halts actions by creditors, with certain exceptions, to collect debts from a debtor who has declared bankruptcy. Under section 362 of the United States Bankruptcy Code , [ 1 ] the stay begins at the moment the bankruptcy petition is filed.
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On 26 March 2024, six judges of the Islamabad High Court, including Sattar, wrote a letter to the Supreme Judicial Council of Pakistan, alleging interference by the Inter-Services Intelligence in judicial matters. They cited instances of pressure on judges through the abduction and torture of their relatives and secret surveillance within their ...