GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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19:11 Sep 21, 2016 |
Italian to English translations [PRO] Law/Patents - Law (general) / atto | |||||
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| Selected response from: Chris Tamigi United States Local time: 18:31 | ||||
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(BrE) application to be included as a proof of debt lodged Explanation: ...e.g. on the liabilities side of the Statement of Affairs (Insolvency Balance Sheet) and that also includes the assets - a point made before on a previous ProZ question. This is one way of expressing the idea. Example sentence(s):
Reference: http://www.proz.com/kudoz/italian_to_english/law_taxation_cu... Reference: http://www.proz.com/?sp=asearch&term=ricorso%20per%20ammissi... |
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petition to be admitted as a creditor of company XY's receivership Explanation: It is a petition to be recognised as one of the creditors of the insolvent company that is in receivership. |
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application for registration as a creditor (England) file a creditor claim under chapter 11/7 (US) Explanation: File a claim or a petition https://www.gov.uk/register-creditor-bankruptcy http://www.uscourts.gov/services-forms/bankruptcy/bankruptcy... Obviously every country is different and has different laws and terminology. I have put "(England)" because Scotland is different. |
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application for submission of proof of debt Explanation: In UK legal terminology, proof of debt is "submitted". See: https://www.insolvencydirect.bis.gov.uk/technicalmanual/Ch13... Where a company is being wound up by the court, or a bankruptcy order has been made, a person claiming to be a creditor and wishing to be repaid all or part of their debt must, subject to any order of the court [Note 1] [Note 2], submit his/her claim in writing to the liquidator, official receiver where acting as receiver and manager, or to the trustee [Note 3] [Note 4]. A person who lodges a claim is referred to as ‘proving’ for his/her debt and the document by which he/she seeks to establish his/her claim is his/her ‘proof’ [Note 5] [Note 6]. Example sentence(s):
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