Timing of filing: amendment mandates performance on the insolvency commencement date rather than within the prior short period. Amendment replaces the prior post-commencement filing window in sub-section (1) of Section 16 with a requirement that the act be performed on the ... Summary
Timing of filing: amendment mandates performance on the insolvency commencement date rather than within the prior short period.
Amendment replaces the prior post-commencement filing window in sub-section (1) of Section 16 with a requirement that the act be performed on the insolvency commencement date, converting a deferred time-window obligation into an immediate commencement-date obligation and thereby altering the timing for compliance.
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