15:42 May 26, 2003 |
Spanish to English translations [PRO] Law/Patents - Law (general) / Law | |||||||
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| Selected response from: Marian Greenfield Local time: 02:13 | ||||||
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in order to procede with the rehabilitation of the company in question ... Explanation: ... the plan requires approval by the supervisory authority supported by a prior opinion obtained from the Central Bank. Uff! |
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In order to proceed with the rehabilitation of the company taken over [or intervened, depending on Explanation: client preference], the Plan must be approved by the Superintendency, having considered the opinion of the Central Bank. 20 years in the business - most of it managing translation service for an investment bank |
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In order for the reinstatement of the audited company to proceed, the plan must first be approved by Explanation: In order for the reinstatement of the audited company to proceed, the plan must first be approved by the supervisory authority, as previously stated (or recommended) by the Central Bank |
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For the company to reorganize, the Plan Explanation: must be approved by the Adjudicatory Authority with the prior approval by the Central Bank -------------------------------------------------- Note added at 2003-05-26 15:52:54 (GMT) -------------------------------------------------- if the company is BANKRUPT, it is enough to say for the company to reorganize because that means to begin operating again -------------------------------------------------- Note added at 2003-05-26 15:53:40 (GMT) -------------------------------------------------- For the BANKRUPT COMPANY TO REORGANIZE, ETC AS ABOVE |
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For the reinstatement of the intervened company Explanation: to be deemed feasible, the Plan must be approved by the Superintendence, after the Central Bank's opinion. |
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