CRA-10.2.10
Past version: Effective from 01 Apr 2019 to 31 Mar 2023
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Except in instances where the CBB has initiated the following actions, a
a. The calling of a meeting to consider a resolution for winding up the licensee or a substantial shareholder of the licensee ;
b. An application to dissolve a substantial shareholder of the licensee or to strike the licensee off the Register of crypto-asset licensee ;
c. The presentation of a petition for the winding up of a substantial shareholder of the licensee ;
d. The making of any proposals, or the making of, a composition or arrangement with any one or more of the licensee's creditors, for material amounts of debt;
e. An application for the appointment of an administrator or trustee in bankruptcy to a substantial shareholder of the licensee ;
f. The appointment of a receiver to a substantial shareholder of the licensee (whether an administrative receiver or a receiver appointed over particular property); or
g. An application for an interim order against the licensee , a substantial shareholder of the licensee under the Bankruptcy and Composition Law of 1987 or similar legislation in another jurisdiction.
Added: April 2019