Thu, May 17, 2001 - Page 17 News List

Company law passed by Cabinet

OVERDUE If approved by the Legislative Yuan, the revised law will replace the current one which dates back to 1928 and should help facilitate the country's restructuring

By Tsering Namgyal and Stanley Chou  /  STAFF REPORTER

Finally, the new changes are expected to formulate regulations regarding company bankruptcy procedures.

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