Glossary entry

English term or phrase:

solvent amalgamation

Arabic translation:

الاندماج بغية سداد الديون/بهدف القدرة على سداد الديون

Added to glossary by Sameh Elnokaly
Jul 16, 2023 07:21
1 yr ago
13 viewers *
English term

solvent amalgamation

English to Arabic Law/Patents Law: Contract(s)
a petition is filed, a notice is given, a resolution is passed, or an order is made, for or in connection with the winding up of that other party other than for the sole purpose of a scheme for a solvent amalgamation of that other party with one or more other companies or the solvent reconstruction of that other party;

Proposed translations

+1
1 hr
Selected

الاندماج بغية سداد الديون/بهدف القدرة على سداد الديون

Peer comment(s):

agree Seifeddine Jlali
1 hr
Thank you Seifeddine, appreciated!
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4 KudoZ points awarded for this answer. Comment: "Thank you Youssef :)"
+1
10 hrs

اندماج موسر/مقتدر

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Note added at 10 hrs (2023-07-16 17:49:38 GMT)
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يكفل الوفاء بالديون

In the given context, "solvent amalgamation" refers to a specific type of arrangement or merger involving two or more companies. It means the process of combining the assets, liabilities, and operations of a financially sound (solvent) company with one or more other companies, resulting in the formation of a new entity or the absorption of the other companies into the existing one.

The term"solvent" refers to the ability of an individual or an entity (such as a company) to meet its financial obligations and pay off its debts. It indicates that the assets owned by the entity exceed its liabilities, meaning it has a positive net worth.

See what is used in financial terms:



Peer comment(s):

agree Z-Translations Translator : نعم الموسر فقط يحق له الاندماج اما المعسر فتكمل له اجراءات التصفية ويقصد بالموسر الشركات القادرة/المتمكنة على دفع ديونها قبل الاندماج
11 hrs
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