The Southern Capital is preparing for the next stage of bankruptcy

The Southern Capital is preparing for the next stage of bankruptcy

The Southern Capital is preparing for the next stage of bankruptcy
A Sochi-based company specializing in the sale of lifting equipment is moving towards the stage of bankruptcy proceedings. This became known after the first creditors' meeting, the results of which were announced by interim manager Sergey Rudomanov. The information has been published in the EFRSB.

It is planned to review the results of the monitoring procedure before the end of October. The court hearing is scheduled for October 27. It will be held at the Krasnodar Arbitration Court (AS CC).

The Southern Capital Elevator Company was established six years ago in Sochi. A 50% share of the company's capital belongs to Julian Morkovnenkov, who is also a co-owner of the Toplift company. The second part of the capital is assigned to Kazbek Tlimakhov.
 
The organization specialized in the wholesale trade of lifting and transport equipment. The economic results of the work were made public only in the first year of the company's operation. Then she received 16.6 million in revenue, earning 1.3 million in profit.
 
At the end of last year, the company was placed under surveillance. The bankruptcy procedure was initiated by the organization independently. The reason for this, as follows from the court materials, was the debt of the company to the specialized developer Flagship. The company was unable to pay the 2.6 million debt. The obligation itself was legalized by a judicial act in April 2023.
 
This time, following the results of the vote, the creditors decided to send a request to the AC CC to proceed to bankruptcy proceedings. In addition, it was decided that the AU would be chosen from representatives of the Association of the Moscow Agricultural Association of the PAU "Commonwealth".
 
In the future, the creditors decided to meet and vote in absentia. The venue is determined to be the location that matches the address where the court-approved manager (KU) will be located. They plan to finance the court proceedings in the framework of the case at the expense of the property of the Southern Capital Law Firm.

18.08.2025