Table 2. Table of concordance between recommendations in other parts of the Guide and the UNCITRAL Legislative Recommendations on Insolvency of Micro- and Small Enterprises

• Author: United Nations Commission on International Trade Law
• Pages: 203-206

Annex to the commentary 203

UNCITAL Legislative Recommendations on

Insolvency of Micro- and Small Enterprises

Recommendation(s) in other parts of the Guide

used as the starting point

Other eects of conversion (recommendation

370)

Recommendation 140

Appropriate safeguards and sanctions

(recommendation 371)

Recommendations 20, 28 and 114

Obligations of persons exercising control over

MSEs in the period approaching insolvency

(recommendation 372)

Recommendations 255, 256 and 257

Early rescue mechanisms (recommendation 373) 

Removing disincentives for the use of informal

debt restructuring negotiations

(recommendation 374)



Providing incentives for participation in informal

debt restructuring negotiations

(recommendation 375)



Institutional support with the use of informal

debt restructuring negotiations

(recommendation 376)



Pre-commencement business rescue nance

(recommendation 377)



Table 2. Table of concordance between recommendations

in other parts of the Guide and the UNCITRAL

Legislative Recommendations on Insolvency of

Micro- and Small Enterprises

Recommendations in other parts of the Guide

UNCITAL Legislative Recommendations on

Insolvency of Micro- and Small Enterprises where

the same or similar subject is addressed, if at all

Key objectives of an eective and ecient

insolvency law:

• Recommendations 1–5

• Recommendations 6 and 7

Key objectives of a simplied insolvency regime:

• Recommendation 271

• No equivalent but the gist of

recommendations 6 and 7 is reected

throughout the text

Eligibility (recommendations 8–9) No equivalent but the gist of recommendations

8–9 is reected in recommendation 272

(application to all MSEs). See also

recommendation 292 on eligibility

Jurisdiction (recommendations 10–12) No equivalent but recommendations 10–12 are

applicable mutatis mutandis in a simplied

insolvency context