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restructuring
(redirected from Corporate restructuring)

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia 0.01 sec.
restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics).


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A listed company undergoing corporate restructuring ( amalgamation, merger or demerger) is required to mandatorily submit an auditors' certificate to the stock exchange to the effect that the accounting treatment followed in respect of financials contained in the scheme is in compliance with all the applicable accounting standards.
He considers justifications for and the philosophy behind corporate rescue laws, the main features of corporate restructuring law in the UK and Chapter 11 in the US, followed by specific aspects of Chapter 11 in comparison with UK law.
Muneeb Zia from Ministry of Finance presented the proposed structure and legislative design of Corporate Restructuring Companies (CRCs).
 
 
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