Glossary entry

English term or phrase:

looses its competence in trade or command.

Dutch translation:

handelingsbevoegdheid of beschikkingsrecht verliest

Added to glossary by Oema (X)
Apr 1, 2005 13:42
19 yrs ago
English term

looses its competence in trade or command.

English to Dutch Law/Patents Law: Contract(s) gold mining
type of document: Draft Agreement Joint Venture Partnership - Original document drafted by Canadian company.
Context: Article 11: The Joint Venture Partnership will end by law, if one of the partners has been declared bankrupt or applies for an official moratorium, or one way or another looses its competence in trade or command. In case of liquidation of the Joint Venture no settlement will be required.
Proposed translations (Dutch)
4 handelingsbevoegdheid of beschikkingsrecht verliest

Proposed translations

7 mins
Selected

handelingsbevoegdheid of beschikkingsrecht verliest

criminal actions, unsettled debts or court decisions can lead to the fact that a company or legal entity (persons or bodies) loose their competence to trade or take decisions that affect a company or its capital and or reserves
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4 KudoZ points awarded for this answer. Comment: "Thanks for the input. It came just in time for I was in a time squeeze!"
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