winding-up proceedings

Defined in Article 2, Directive 2002/47/EC

Definitions over time (1)

1. 30/06/2009 – today applies on 12/11/2026 Article 2, Directive 2002/47/EC Scope: Whole act

   ‘winding-up proceedings’ means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;

Used in (9 places in 6 provisions on 12/11/2026)

Directive 2002/47/EC (9 in 6)

Recital 6 · Recital 15 · Article 2 · Article 4 · Article 7 · Article 8⁴