Corporate Bankruptcy in Sudan Law

Description

This book provides an in-depth and systematic analysis of corporate bankruptcy under Sudanese law. It explores the legal foundations, objectives, and consequences of declaring bankruptcy, with a focus on the collective treatment of creditors and the mechanisms governing the administration and distribution of the bankrupt company’s assets. The study examines judicial oversight, the role of bankruptcy trustees, and the legal position of company managers, while identifying legislative shortcomings—particularly in relation to post-bankruptcy debts and managerial liability. Adopting a comparative perspective, the book draws on selected international bankruptcy regimes to evaluate Sudanese legislation and propose practical reforms aimed at enhancing legal clarity, creditor protection, and economic stability. The work contributes to the development of modern bankruptcy law in Sudan and serves as a valuable reference for scholars, practitioners, and policymakers.