Results for predstečajne translation from Croatian to English

važna značajka postojećeg sustava odnosi se na obvezno službeno utvrđivanje insolventnosti ili nelikvidnosti kao preduvjet otvaranja postupka predstečajne nagodbe.
an important feature of the current system is that it provides a compulsory formal test of insolvency or illiquidity as a pre-condition to access the pre-insolvency procedure.

preispitati obvezan test nesolventnosti/nelikvidnosti za pristup postupku predstečajne nagodbe i racionalizirati postupak stečaja/likvidacije u cilju njegova skraćivanja.
review the compulsory test of insolvency/illiquidity to access pre-bankruptcy settlement proceedings and streamline the insolvency/liquidation process to reduce its length.

u nacionalnom programu reformi ne navode se detaljne informacije o tome kako bi se mogao unaprijediti postupak predstečajne nagodbe; samo se navodi da bi se on mogao integrirati u stečajni okvir.
the national reform programme does not provide detailed information on how the pre-insolvency procedure could be improved; it only mentions its possible integration into the insolvency framework.

obvezom otvaranja postupka predstečajne nagodbe u svim slučajevima odgađa se stečaj onih poduzeća čije poslovanje nije održivo.58 konačno, činjenica da država u samom postupku djeluje kao upravitelj/nadzorno tijelo i kao vjerovnik može se činiti nerazmjernom i izazvati zabrinutost u javnosti o mogućim sukobima interesa.
the obligation to enter pre-insolvency proceedings in all cases also results in delaying the liquidation procedure for those companies which are unviable.58 finally, the role of the state in the process, currently acting as both an administrator/supervisor and as a creditor in the same proceedings, could appear disproportionate and give cause to public concern about potential conflicts of interests.