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Dutch to English Directorate General for Education and Culture terminology (EAC)

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indien zij in staat van faillissement, vereffening, akkoord of surseance van betaling verkeren, hun faillissement is aangevraagd, tegen hen een procedure van vereffening, akkoord of surseance van betaling loopt, zij hun werkzaamheden hebben gestaakt of in een vergelijkbare toestand verkeren als gevolg van een soortgelijke procedure krachtens de nationale wet- en regelgeving;if they are bankrupt or being wound up, are having their affairs administered by the courts, have entered into an arrangement with creditors, have suspended business activities, are the subject of proceedings concerning those matters, or are in any analogous situation arising from a similar procedure provided for in national legislation or regulations;

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