Insolvency Law Reform

Country Chapters

Eleven Asian countries were selected to be the focus of RETA 5795. They were selected to permit a comparative analysis of their bankruptcy and insolvency regimes, and local studies were prepared for each of these countries.

For RETA 5975, four countries were selected - Indonesia, Korea, Philippines, and Thailand. Country reports were prepared on three focal areas: cross-border insolvency recognition and co-operation, informal work-out procedures, and the interrelation between secured transactions and insolvency.

Hong Kong, China

• Local Study
• Relevant Local Legislation*

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India

• Articles on Insolvency in India
• BIFR Confirms Wind-Up of Perfect Drugs* (4 September 2000)
• Cleaning Up the Insolvency System* (4 September 2000)
• Eradi Panel for Changes in Insolvency Law* (3 September 2000)
• Local Study
• Relevant Local Legislation
• Arbitration, Compromises, Arrangements and Reconstructions [ PDF: 467kb | 99 pages ]
• The Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [ PDF: 149kb | 16 pages ]
• The Securities and Exchange Board of India Act, 1992 [ PDF: 322kb | 48 pages ]
• The Sick Industrial Companies (Special Provisions) Act, 1985 [ PDF: 162kb | 24 pages ]
• The Transfer of Property Act, 1882 (4 of 1882) [ PDF: 408kb | 57 pages ]

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Indonesia

• Article on Insolvency in Indonesia
• IBRA Loses Another Legal Fight Against Defaulters* (16 June 2000)
• Local Study
• Supplementary Report [ PDF: 316kb | 31 pages ]
• Case Study
• Information on Secured Transactions
• Relevant Local Legislation: Bankruptcy Law [ PDF: 371kb | 69 pages ]
  1. General Provisions
  2. The Moratorium on Debt Repayment
  3. The Commercial Court
• Country Report

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Japan

• Local Study

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Korea

• Local Study
• Supplementary Report [ PDF: 200kb | 11 pages ]
• Case Study
• Information on Secured Transactions
• Relevant Local Legislation
• Company Reorganization Act* [ PDF ]
• Composition Act [ PDF: 109kb | 17 pages ]
• Financial Institution Agreement for Promotion of Company Restructuring [ PDF: 80kb | 8 pages ]
• Country Report

Top

Malaysia

• Local Study
• Supplementary Report [ PDF: 302kb | 18 pages ]
• Case Study
• Information on Secured Transactions

Top

Pakistan

• Local Studies
• by Maudooa A. Khan & Aly Shah, Orr Dignam & Co
• by Aman Piracha, Khan & Piracha

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Philippines

• Local Study
• Supplementary Report [ PDF: 267kb | 23 pages ]
• Case Study
• Information on Secured Transactions
• Country Report

Top

Singapore

• Local Study

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Taipei,China

• Local Study

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Thailand

• Articles on Insolvency in Thailand
• Debt Restructuring Regimes in Thailand* (May 2000)
• Robinson Talks Go On* (9 May 2000)
• Local Study
• Supplementary Report [ PDF: 161kb | 18 pages ]
• Case Study
• Information on Secured Transactions
• Country Report

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