(a) In relation to each type of insolvency procedure available in the legal system of this economy, by what means may the administration of the corporate debtor be terminated?

(b) Who may initiate the termination of each type of insolvency procedure?

(c) On what grounds may each type of insolvency procedure be terminated?

(d) What are the consequences for the corporate debtor of termination of the insolvency procedure? (for example to whom does control of the debtor revert following termination of the procedure; or if the debtor no longer exists, what are the procedures for and consequences of its dissolution?)

Once the insolvency is terminated pursuant to the conclusion of the winding up the company is removed from the register of members. If however the insolvency results in rehabilitation and restoration of the company's health then a scheme for rehabilitation under Section 391/394 has to be passed and the sanction order passed by the Company Court thereunder terminates the insolvency. It is upon the sanction of the scheme for revival or rehabilitation and the passing of the final sanction order, which terminates the insolvency procedure.