| COUNTRY |
INITIAL
AUTOMATIC EFFECTS
|
X
OVER TO LIQ |
| MANAGEMENT
|
SUSPENSION |
PROTECTION
OF CASH FLOW FUNDING |
| HONG
KONG, CHINA, SING, MAL, INDIA, PAK |
NO
CHANGE |
NO
(EXCEPT ON APPLICATION) |
NO |
NO |
| SINGAPORE |
POWERS
TO JUDICIAL MANAGE |
ALL
ACTIONS (BUT NOTE FLOATING CHANGE) |
FUNDING
ENJOYS PRIORITY |
NO |
| INDIA |
NO
CHANGE |
ALL
ACTIONS |
UNCLEAR |
YES |
| MALAYSIA |
POWERS
TO SPECIAL ADMINISTRATOR |
ALL
ACTIONS |
YES |
YES |
| PHILIPPINES |
POWERS
TO MANAGEMENT BOARD/ RECEIVER |
ALL
ACTIONS |
UNCLEAR |
YES |
| KOREA |
POSSIBLE
SUPERVISION BY COMMISSIONER |
NO
(EXCEPT ON APPLICATION) |
UNCLEAR |
NO |
| KOREA |
NO
(EXCEPT BY COURT ORDER) |
NO
(EXCEPT BY COURT ORDER) |
UNCLEAR |
YES |
| JAPAN |
NO
CHANGE |
NO
(EXCEPT ON APPLICATION) |
NO |
YES |
| JAPAN |
NO
CHANGE |
NO
(EXCEPT ON APPLICATION) |
NO |
YES |
| JAPAN |
NO
CHANGE |
NO
(EXCEPT ON APPLICATION) |
YES |
YES |
| TAIPEI,CHINA |
NO
CHANGE |
NO
(EXCEPT ON APPLICATION) |
UNCLEAR |
YES |
| TAIPEI,CHINA |
NO
CHANGE |
NO |
NO |
YES |
| THAILAND |
NO
CHANGE |
ALL
ACTIONS |
NO |
YES |
| INDONESIA |
JOINT
MANAGEMENT BY DEBTOR AND ADMINISTRATORS |
ALL
ACTIONS |
NO
(UNCLEAR) |
YES |
| PAKISTAN |
UNCLEAR |
UNCLEAR |
UNCLEAR |
UNCLEAR |
