restructuring procedure meaning in English
重构过程
Examples
- Where corporate enterprises are unable to pay off debts due because of operational or financial difficulty , the restructure procedure provided by this law may apply
企业法人因为经营或者财务发生困难将导致不能清偿到期债务的，可以适用本法规定的重整程序。 - Article 72 : the period between the date on which the people ' s court renders the ruling to restructure the debtor and the termination of the restructuring procedure is the restructuring period
第七十二条?自人民法院裁定债务人重整之日起至重整程序终止，为重整期间。 - The peoples court may , based on its function , terminate restructure procedure one month in advance before the period of restructure expires where the restructure plan is not approved in advance
重整期间届满前一个月，重整计划没有被提请批准的，人民法院依职权裁定终止重整程序。 - Article 104 where the creditors conference fails to pass the draft restructure plan , the peoples court shall make a decision concluding the restructure procedure and declaring the debtor bankrupt
第一百零四条债权人会议没有通过重整计划草案的，人民法院应当裁定终止重整程序，宣告债务人破产。 - Article 93 after the restructure procedure starts and before the restructure plan is approved , under the following circumstances when persons with related interests applies , the peoples court may , upon examining and ascertaining , make a decision to terminate the restructure procedure
第九十三条重整程序开始后，重整计划被批准前，具备下列事由之一的，经利害关系人请求，人民法院审理确认后，可以裁定终止重整程序：