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CORPORATE REHABILITATION

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1CORPORATE REHABILITATION Empty CORPORATE REHABILITATION Tue Sep 23, 2008 5:09 pm

barrister

barrister
Reclusion Perpetua

CORPORATE REHABILITATION
A process to try and conserve and administer the corporation’s assets in the hope that it may
eventually be able to return from financial stress to solvency.

2CORPORATE REHABILITATION Empty Re: CORPORATE REHABILITATION Tue Sep 23, 2008 5:10 pm

barrister

barrister
Reclusion Perpetua

NATURE OF CORPORATION REHABILITATION PROCEEDINGS
in rem
summary and
non-adversarial

APPLICABILITY
Rules apply to petitions for rehabilitation filed by corporations, partnerships and associations
pursuant to PD 902-A.

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