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{
    "id": 575412,
    "url": "http://info.mzalendo.com/api/v0.1/hansard/entries/575412/?format=api",
    "text_counter": 235,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Emanikor",
    "speaker_title": "",
    "speaker": {
        "id": 1092,
        "legal_name": "Joyce Akai Emanikor",
        "slug": "joyce-akai-emanikor"
    },
    "content": "Thank you, Hon. Temporary Deputy Speaker. I rise to second this Bill. I wish the Leader of the Majority Party would take the gender rule principle further beyond just giving me this chance. I want to support and second this Bill. It may look voluminous and complex, but this is a Bill that simplifies the process of insolvency. It reduces the long bureaucracies and processes. What excites me about this Bill is the opportunity given to bankrupt persons - it is not that I am bankrupt. It gives bankrupt persons a chance to seek ways of bailing themselves out and restoring their normal status. This Bill requires expertise in practising insolvency. It eliminates the possibility of quacks and brokers coming into the limelight with no qualification. The Bill categorises liquidation as well as its processes. It clearly indicates the nature of bankruptcy and makes provisions applicable to companies in liquidation. It further establishes offences in relation to conduct before and during liquidation. This Bill enforces companies’ obligation to lodge documents with the Registrar of Companies and gives provisions for appeals to the Court of Appeal against decisions. With those few remarks, I beg to second."
}