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dc.identifier.citationCachia, T. (1993). Duties and liabilities of directors of bankrupt companies with particular reference to personal liability for corporate debts (Master's dissertation).en_GB
dc.description.abstractThe Law of Bankruptcy may be defined as a mass of juridical principles which govern proceedings of competition in connection with the bankruptcy of debtors, in order that the assets of such debtors be managed and liquidated for the benefit of the creditors. Therefore it may be safely stated that Bankruptcy Law regulates collective proceedings in order to attain the "par codictio creditorum". Furthermore, Bankruptcy law also protects the interests of the debtor himself. Thus, in a bankruptcy situation the debtor is not faced by a multiplicity of actions, but instead collective proceedings are brought against the curator. Through the bankruptcy procedure the debtor may be discharged of his former debts and rehabilitated to trade. Bankruptcy Law also serves to protect the interests of the public in general. It is certainly in the public interest that when there is a breakdown in credit, such default is remedied as expediently as possible through procedures which are efficiently regulated and which are conducted openly. The procedure which the legislator laid down in the provisions relating to bankruptcy, does try to safeguard the public inte rest by ensuring that due publicity is given to the procedures and that the case in question is resolved as equitably and efficiently as possible.en_GB
dc.subjectCommercial law -- Maltaen_GB
dc.subjectCorporation law -- Maltaen_GB
dc.subjectBankruptcy -- Maltaen_GB
dc.subjectLiability (Law)en_GB
dc.titleDuties and liabilities of directors of bankrupt companies with particular reference to personal liability for corporate debtsen_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder.en_GB
dc.publisher.institutionUniversity of Maltaen_GB
dc.publisher.departmentFaculty of Lawsen_GB
dc.contributor.creatorCachia, Tonio-
Appears in Collections:Dissertations - FacLaw - 1958-2009

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