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{
    "id": 578241,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/578241/?format=api",
    "text_counter": 178,
    "type": "speech",
    "speaker_name": "Hon. (Eng.) Gumbo",
    "speaker_title": "",
    "speaker": {
        "id": 24,
        "legal_name": "Nicholas Gumbo",
        "slug": "nicholas-gumbo"
    },
    "content": "Hon. Temporary Deputy Chairlady, if you look at the Bill, you will notice that the marginal note talks about the circumstances under which a company may be liquidated by the court. The import of this amendment, which I agree with and support - if you go back to where we started, the Insolvency Bill came before the Companies Bill but--- The Insolvency Bill makes a lot of references to the Companies Bill. That is consequential because a company cannot become insolvent until it is formed. The fact that the Departmental Committee on Justice and Legal Affair brought the Companies Bill before the Insolvency Bill is a very smart move. This reference allows that even when we have rearrangement of clauses, we will still be sticking references with the Companies Act. I support."
}