RusBankrot
We know everything about bankruptcy
10/09/2024
Tuesday
THIS DAY IN HISTORY:
10 September 
1977 Tunisian immigrant Hamida Jandoubi became the last person in Europe to be executed by guillotine.
1940 The USSR approved the regulation on passports.
1894 The first driver was fined for drunk driving in London.
10 September
1977 Tunisian immigrant Hamida Jandoubi became the last person in Europe to be executed by guillotine.
1940 The USSR approved the regulation on passports.
1894 The first driver was fined for drunk driving in London.
THE STATE DUMA HAS SUBMITTED PROJECTS ON THE SPECIFICATION OF THE RULES FOR THE SALE OF BANKRUPT SHARES IN REAL ESTATE
Co-owners of real estate in common shared ownership will have the opportunity to buy out the bankrupt's share in this asset on a preferential basis at the price formed at the auction. The relevant bill was submitted by the Government of the Russian Federation to the State Duma.
The amendments specify the rule for the owners to exercise their pre-emptive right to purchase the debtor's share when it is sold at public auction.
According to the initiative, the organizer of the auction will have to notify the co-owners of the asset being sold in writing about the upcoming sale and whether they have a pre-emptive right to purchase. If the number of co-owners is more than 20, then there will be no address notification. It will be possible to do without publishing information about bankruptcy in the Unified Federal Register.
The co-owners of the property will be able to buy out the bankrupt's share at the price offered by the winner of the auction. If the auction failed, the purchase will be possible at the initial sale price. If there were no buyers during the public offer period, then the co-owners of the property can take it for themselves at the minimum price of the current stage of implementation.
If there are several owners who have expressed a desire to buy out a share, "its acquisition is carried out in proportion to the shares in the right of common ownership available to such persons," the proposed amendments to the law specify. The draft also provides that if the co-owner of the property refuses to purchase the bankrupt's share, it is sold to the winner of the auction.
The amendments specify the rule for the owners to exercise their pre-emptive right to purchase the debtor's share when it is sold at public auction.
According to the initiative, the organizer of the auction will have to notify the co-owners of the asset being sold in writing about the upcoming sale and whether they have a pre-emptive right to purchase. If the number of co-owners is more than 20, then there will be no address notification. It will be possible to do without publishing information about bankruptcy in the Unified Federal Register.
The co-owners of the property will be able to buy out the bankrupt's share at the price offered by the winner of the auction. If the auction failed, the purchase will be possible at the initial sale price. If there were no buyers during the public offer period, then the co-owners of the property can take it for themselves at the minimum price of the current stage of implementation.
If there are several owners who have expressed a desire to buy out a share, "its acquisition is carried out in proportion to the shares in the right of common ownership available to such persons," the proposed amendments to the law specify. The draft also provides that if the co-owner of the property refuses to purchase the bankrupt's share, it is sold to the winner of the auction.
21.11.2023
