All sections · Part XVII: Striking Off, Winding Up And Dissolution · Sub-Part III: Voluntary Winding Up of Insolvent Company
299 破产的含义
就本分部分和第四分部分（必修领域）而言
在法院解散的情况下，公司在以下情况下无力偿债
(a) 其负债价值超过或将超过其资产；或
(b) 它现在或将来无法支付其到期的债务。
在法院解散的情况下，公司在以下情况下无力偿债
(a) 其负债价值超过或将超过其资产；或
(b) 它现在或将来无法支付其到期的债务。
Translation for information only. Only the English original is legally binding.
Original wording (English, legally binding): Meaning of „insolvent“
For the purposes of this Sub-Part and Sub-Part IV (Compulsory Winding Up
by Court), a company is insolvent if —
(a) the value of its liabilities exceeds, or will exceed, its assets; or
(b) it is, or will be, unable to pay its debts as they fall due.
by Court), a company is insolvent if —
(a) the value of its liabilities exceeds, or will exceed, its assets; or
(b) it is, or will be, unable to pay its debts as they fall due.
