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Get the free Restructuring and Insolvency Faculty RIF Membership Application bb - app1 hkicpa org

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Member & Corporate Services Hong Kong Institute of CPA's 27th Floor, Wu Chung House 213 Queens Road East, Hong Kong Fax no: 2803 4620 Inquiries: 2287 7009 (May Hung) Restructuring and Insolvency Faculty
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Restructuring and insolvency faculty is a formal procedure that allows a company to reorganize its business operations, debts, and assets in order to survive financial difficulties.
Companies that are facing financial distress and are unable to meet their financial obligations may be required to file for restructuring and insolvency faculty.
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The purpose of restructuring and insolvency faculty is to provide companies with a legal framework for restructuring their business operations, debts, and assets in order to avoid bankruptcy and continue operating.
The information that must be reported on restructuring and insolvency faculty includes detailed financial statements, a list of creditors, a proposed reorganization plan, and any other relevant financial information.
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